when did child tax credit start in uk
Child benefits in the United Kingdom The first modern child tax credit was introduced in the 1909 'People's Budget' of Lloyd-George. This introduced a £10 income tax allowance per child, for tax payers earning under £500 per annum. Following extensive Parliamentary debate, the Budget became law as the Finance Act (1909–1910) 1910 on 29 April 1910.[1] Since the income tax rate was then 1 shilling, two pence in the pound (5.83%), the value of the tax credit was therefore 11 shillings and eight pence per child. Since most people did not earn enough to pay tax, this was a subsidy for middle class parents. The nominal value of these tax credits were generally, though not always, increased in line with income tax rates. For instance, by 1916, income tax had increased to five shillings in the pound (25%), and the tax credit to £25, giving a value of the tax credit of £6 5 shillings.
Child labour The first legal steps taken to end the occurrence of child labour was enacted more than fifty years ago. In 1966, the nation adopted the UN General Assembly of the International Covenant on Economic, Social and Cultural Rights.[97] This act legally limited the minimum age for when children could start work at the age of 14. But 23 years later in 1989 the Convention on the Rights of Children was adopted and helped to reduce the exploitation of children and demanded safe working environments. They all worked towards the goal of ending the most problematic forms of child labour.[97]