UHY Ross Brooke Chartered Accountants

Day: April 12, 2025

child benefit and income tax

High-Income Child Benefit Charge changes mean benefits for more

The High Income Child Benefit Charge (HICBC) reduces or eliminated Child Benefit payments for individuals whose income exceeds a certain threshold. It applies when either parent earns over £60,000 (from April 2024) until it is fully withdrawn at £80,000. It is based on the individual income of the higher earner

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