by Gareth Thomas | Jul 1, 2026 | Accounting, Business, Taxes
Child Benefit can be a valuable source of support for families. But if you or your partner earns over a certain amount, you may have to pay some — or all — of it back through the High Income Child Benefit Charge. It’s one of those tax rules that can catch people out,...
by Gareth Thomas | Nov 11, 2024 | Accounting, Business, Employment, Finance, Taxes
Restarting Child Benefit Claims: Could You Be Missing Out? If you previously opted out of receiving child benefit due to the High Income Child Benefit Charge (HICBC), you might want to reconsider. Changes that took effect from April 2024 mean that some parents who...
by Gareth Thomas | May 11, 2024 | Finance, Taxes
Navigating the Updates to the High-Income Child Benefit Charge If you’re a parent in the UK, you’ve likely heard of the High-Income Child Benefit Charge (HICBC), especially if your family income falls into the higher bracket. It’s a bit of a...
by Dylon Thomas | Jun 2, 2020 | Finance
The high-income child benefit charge (HICBC) is applied when the claimant of the child benefit, or their partner has an income of £50,000 or more. The person charged may not always be the one that received the child benefit, and it may not even be their child. If both...
