Many parents are unaware that if either of them starts to earn more than £60,000 a year, they will have to pay some of their Child Benefit back as a High Income Child Benefit Tax Charge (HICBC). Earning £80,000 or more, means they'll have to pay it all back! Who pays...
Many parents are unaware that if either of them starts to earn more than £60,000 a year, they will have to pay some of their Child Benefit back as a High Income Child Benefit Tax Charge (HICBC). Earning £80,000 or more, means they’ll have to pay it all back!
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