Child Benefit Cut in Budget 2011

Child Benefit will be cut in January 2011.
There will be a €10 per month cut for the first and second child.
The rate for the 3rd and subsequent child was €37  a month higher than the first 2 children.
This  difference is being cut – so the third child rate will now be €27 higher than the rate for child 1 +2

Child Benefit  Monthly Rates

First and Second  Child   2010 Rate €150          New Rate :        €140

Third Child    2010 Rate  €187              New Rate  €167

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Fourth and Subsequent Child   2010 Rate €187   – New rate € 177

Example :   Someone with 4 children  will have a cut of €50 a month – from €674  to  €624