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2 clusters · 5 sources · 2 days · First seen · Last updated

European family support and child benefit expansions

Overview

Governments in the Netherlands and Cyprus have introduced or expanded financial support measures for families through tax relief and increased child benefits.

In the Netherlands, new quarterly child benefit payments are scheduled to take effect on October 1. These increases, which vary by the age of the child, range from approximately €3.33 to €4.76 per quarter. Additionally, long-term measures announced for the 2027 tax year include zero income tax for approximately 87,000 families with three children and an annual income up to €20,000, alongside an increased tax-free threshold.

In Cyprus, President Nikos Christodoulides announced an expansion of the Child Benefit program by raising income eligibility thresholds. This reform aims to benefit approximately 17,000 additional families and over 23,000 children. Furthermore, starting in 2025, families with five or more dependent children will face no income criteria to receive these benefits.

Entities

Nikos Christodoulides · Netherlands · Sociale Verzekeringsbank

Timeline

  1. 4 days ago

    [BUSINESS] 2 sources
    Netherlands child benefit increases starting October 1

    Dutch parents will see increased child benefit payments starting October 1, with quarterly rates varying by child age from €298.40 to €426.29.

  2. 5 days ago

    [POLITICS] 3 sources
    Family support measures announced through tax relief and increased child benefits

    New family support measures include tax exemptions for large families and increased child benefits in the Netherlands and Cyprus, expanding eligibility through higher income thresholds.

Sources

dagelijksestandaard.nl · economytoday.sigmalive.com · politis.com.cy · radar.avrotros.nl · rpn.gr