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If you haven’t claimed child benefit because HMRC would claw all of it back through the high income child benefit charge (HICBC), now might be the time to reconsider. Why, and what are the
consequences of making a benefits claim now?
Published 30.04.2020
Deciding if the “high income child benefit charge” (HICBC) applies to you can be difficult. Thousands of individuals who were liable to pay the charge without realising it have been hit for
penalties. How can you avoid a similar fate?
Published 13.12.2018
You recently received a bonus that will take your income over £50,000 for this tax year and so trigger the high income child benefit charge (HICBC). What steps can you take to reduce it?
Published 22.02.2023
If your accountant prepares your self-assessment return, they are about to be tipped off by HMRC if you’ve not declared a liability to the high income child benefit charge (HICBC). What pre-emptive
action should you take?
Published 26.10.2023
Changes to the high income child benefit charge mean some couples will pay less tax. Others can also benefit but must take steps to do so. What’s required and when?
Published 17.04.2024
The deadline for submitting 2021/22 self-assessment tax returns and paying any tax owed is just days away. However, even though the tax year ended ten months ago it’s still possible to reduce your
tax bill. How?
Published 19.01.2023
Thousands of penalties relating to the high income child benefit charge (HICBC) are to be reviewed by HMRC and may be repaid. Might you be in line for a refund?
Published 26.11.2018
The media like to bandy about the phrase “stealth tax”. In reality what they call stealth tax isn’t at all. However, there are genuine cliff-edge income thresholds that result in unfair tax charges.
What are they and how can you avoid them?
Published 05.03.2024
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