Update on High Income Child Benefit Charge

By P&A Knowledge Team · 22 August 2024 · Posted in

Changes to the High Income Child Benefit Charge (HICBC) came into effect on 6 April 2024. The income threshold at which HICBC starts to be charged increased to £60,000 (from £50,000). The charge is calculated at 1% of the full Child Benefit award CONTINUE READING