What is Child Benefit Charge?

Written By Damion Viney

Higher Income Child Benefit Charge allows HMRC to take back Child Benefit from families where the highest paid earner has income above £50k.

The amount recovered is 1% of the total benefit received for every £100 earned over £50k. The charge is paid via Self Assessment.

Damion Viney

Damion Viney has been supporting business owners to make a success of their ventures since 2011 when he set up Co-. Blogs cover all aspects of business development. He is co-author of Improving the Numbers. 

linkedin.com/damion-viney

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