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High Income Child Benefit Charge

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Posted: 6 December 2025 | High Income Child Benefit Charge

New real time payment service for high income child benefit charge

HMRC’s newly launched online service means that taxpayers can pay a high income child benefit charge (HICBC) in real time. It should reduce…

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Posted: 24 June 2025 | High Income Child Benefit Charge, Tax

What you may rely on in court may not be AI

Representing yourself at the First Tier Tribunal is one thing, but relying on artificial intelligence (AI) as a basis for appealing an HMRC…

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Posted: 7 May 2025 | Employment Tax, High Income Child Benefit Charge, Self Assessment

Paying the high income child benefit charge

From this summer, employed taxpayers who have to pay the high income child benefit charge (HICBC) will no longer need to complete a self as…

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Posted: 29 March 2025 | Budget, Company Director, Employment Tax, High Income Child Benefit Charge

New tax year planning

The start of the new tax year warrants as much planning as the end of the old tax year. While the end of the tax year on 5 April is a major…

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Posted: 9 February 2025 | High Income Child Benefit Charge, Making Tax Digital, MTD

Making Tax Digital latest

Although Making Tax Digital (MTD) for the self-employed and landlords is still more than a year away, the October 2024 Budget further exten…

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Posted: 20 January 2025 | Capital Gains Tax, High Income Child Benefit Charge, Inheritance Tax

From new year to year end – time to keep a tax-planning resolution?

As 2025 gets under way, it is once again the time of year to start considering your tax year-end planning. The early months of the year are…

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Posted: 17 October 2024 | High Income Child Benefit Charge, Wealth

Unclaimed child trust funds

With around 670,000 child trust fund (CTF) accounts sitting unclaimed by Generation Z adults aged between 18 and 22, HMRC is concerned. CTF…

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Posted: 1 July 2024 | High Income Child Benefit Charge, Self Assessment

Child benefit charge changes confirmed

Taxpayers will benefit from the changes made to the high income child benefit charge thanks to all tax measures from the March 2024 Budget…

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Posted: 15 February 2024 | Benefits, Employment Tax, High Income Child Benefit Charge, Income Tax

Increased income – the double-edged sword

With tax bands and other thresholds frozen, taxpayers should be aware of the implications of their income increasing. Increased income can…

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Posted: 21 November 2023 | Benefit-In-Kind, Company Car Tax, High Income Child Benefit Charge, Self Assessment, Self-Employed

Handy hints ahead of self-assessment

The 31 January 2024 deadline for submitting a 2022/23 self-assessment tax return is not far off, especially for those not yet registered. A…

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Posted: 16 August 2023 | High Income Child Benefit Charge, HMRC Investigations, Income Tax, PAYE

New PAYE process for High Income Child Benefit Charge

One of the many criticisms aimed at the High Income Child Benefit Charge (HICBC) is that anyone caught by the charge needs to submit a self…

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Posted: 11 May 2023 | Benefits, Employment Tax, High Income Child Benefit Charge, Self Assessment

Childcare support extended to children over nine months

The government is extending the provision of 30 hours of free childcare for 38 weeks to now include all pre-school children over the age of…

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Posted: 12 January 2023 | High Income Child Benefit Charge, Self Assessment

High Income Child Benefit Charge: penalties and defaults

New data reveals that penalties issued by HMRC for not paying the High-Income Child Benefit Charge (HICBC), or paying the incorrect amount…

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Posted: 10 December 2022 | High Income Child Benefit Charge, Income Tax, Inheritance Tax, Self Assessment

The effects of fiscal drag on your tax position

Fiscal drag is the stealthy way in which governments pull more and more taxpayers into higher tax brackets without the backlash that comes…

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Posted: 14 August 2022 | Employment Tax, High Income Child Benefit Charge, Income Tax, Inheritance Tax, Lasting Will & Testaments, Self Assessment

Setting new taxpayer records

New data from HMRC reveals there are now over six million people paying higher or additional rate tax in the UK. In recent years, the end o…

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Posted: 29 July 2022 | Employment Tax, Gift Aid, High Income Child Benefit Charge, Income Tax

Has a 60% income tax rate reappeared?

The high marginal tax rates created by phasing out the personal allowance are back in the news. ‘A million to pay 60% income tax within yea…

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Posted: 16 April 2022 | Employment Tax, High Income Child Benefit Charge, Income Tax, Self Assessment

Can the child benefit charge be fixed?

A critical review of how the government taxes child benefits has raised a major question mark over HMRC’s approach to collecting payments…

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Posted: 24 August 2021 | Benefits, High Income Child Benefit Charge, Self Assessment, Tax

HMRC: Upper Tribunal deems child benefit discovery assessments invalid

A discovery assessment can be made by HMRC where income, which should have been assessed, has not been assessed for tax purposes. A recent…

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