Tag: High Income Child Benefit Charge

Incorrect Notice of Codings

Written by Tony Shackleford on April 27, 2026.

In a recent report it was revealed that HMRC had over charged taxpayers £3.5bn of tax as a result of 5.6m people having incorrect tax codes. Where over payments of tax have arisen, tax payers are...

Child Benefit, High Income Child Benefit Charge, overpaid tax, PAYE coding notice, Self Assessment Tax, tax overpaid, Tax refunds

Budget March 2024

Written by Tony Shackleford on April 4, 2024.

The principal tax changes announced by the Chancellor in the March 2024 budget were: a) A further reduction in Employees NIC rates for the employed from 10% to 8% from 6 April 2024. No changes were...

Budget, capital gains tax on residential properties, Furnished holiday let, High Income Child Benefit Charge, National insurance contributions, Vat, VAT registration

High Income Child Benefit Charge

Written by Tony Shackleford on November 20, 2023.

The High Income Child Benefit Charge (HICBC) is a mechanism for high earners to have to repay Child Benefit they receive. Where one spouse has income in excess of £50,000 per year, Child Benefit...

Child Benefit, High Income Child Benefit Charge

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Tag: High Income Child Benefit Charge

Incorrect Notice of Codings

Budget March 2024

High Income Child Benefit Charge