Hundreds of thousands of families losing child benefit payments this year need to "get off their backsides" and fill in extra forms to avoid being fined by the tax
I have husband and wife clients who are higher earners and need to repay Child Benefit.
Individuals earning more than £50,000 who have failed to opt out of child benefit and do not register for self assessment by 5 October risk being severely fined.
I have a client in receipt of child benefit whose PAYE salary plus self employment takes them to a gross income of £67K
A colleague has just advised me that if anyone is unsure about whether it is them who is liable to the charge for clawing back Child Benefit, HMRC will advise them if their former partner or their
There are times when the obstinacy and wilful blindness of governments is amazing.
Half a million new people will be required to complete a Self Assessment tax return for the year ending this April after the new high income child benefit charge (HICBC) kicks in.
The new high income child benefit charge (HICBC) applies from 7 January – and anyone wishing to opt out of receiving child benefit for the 2012-13 tax year must do so before that date.