The recent passage of the 'One Big Beautiful Bill Act' marks a significant shift in tax policy, with notable changes to the ...

Welcome to the Money blog, Sky News' personal finance and consumer hub. Our weekend feature answers a question several readers have asked us: what happens to your pension when you die? Your age, ...

Donald Trump's new tax bill includes a small increase to the child tax credit. However, many low-income families may not ...

Republicans in Congress have muscled President Donald Trump's tax and spending bill to passage. Here's what's in it.

Welcome to the Money blog, Sky News' personal finance and consumer hub. Today: we sample 13 decaf teas in Our Verdict - and ...

The child tax credit could get boosted to $2,500 under a Republican proposal. But millions of children would be excluded.

By making the 2017 Tax Cuts and Jobs Act — a landmark accomplishment of Trump’s first term — permanent, the annual tax credit families can claim per child would increase from $2,000 to ...

The American Family Act would create a tiered system for the child tax credit based on age: $6,360 for newborns, $4,320 for children age 1 to 6, and $3,600 for children age 6 to 17.

Here's what you need to know about qualifying for your 2024 taxes. Tax credit per child for 2024 The maximum tax credit per qualifying child is $2,000 for children under 17.

The first entry explored how the corporate tax rate is likely to turn into a major item of negotiation. This second entry reports on the showdown over the child tax credit.

Democrats, led in part by U.S. Rep. Rosa DeLauro, D-3rd District, have pushed for the full 2021 expansion of the child tax credit, but the bill had a much smaller boost.