An Upper Tribunal has just ruled that HMRC cannot use their discovery assessment rules to impose the High Income Child Benefit Charge (HICBC) if the taxpayer doesn’t file a self assessment tax return. This could [...]
HMRC are contacting parents who had a new baby from April this year and applied for Child Benefit without being able to register the birth. COVID-19 restrictions During the COVID-19 crisis many local authorities were [...]
HMRC have created yet another emergency administrative workaround so that people can access the Child Benefit they’re entitled to. Scotland, England and Wales, and Northern Ireland all have their own systems for registering a birth. [...]
How Can You Avoid The Child Benefit Tax Charges? Many families do not realise that a few changes can prevent them from losing out in the current child benefit changes taking place. Chaos is predicted [...]
Child Benefit Changes The changes to child benefit could cost the Government nearly £50 million over the next three years. This expenditure will amount mainly from the extra staff that will be needed at HMRC [...]
Some families have not been notified of child benefit changes relevant to them. From 7th January child benefit became means tested and families where at least one partner earns £50,000 per year are now entitled [...]
Tax breaks are to be offered to working parents with children under the age of five. The purpose of the coalition’s new proposal is to help reduce the cost of childcare for families and is [...]
If you are a higher earner the deadline to opt out of receiving child benefit is on the 6 January this year! You should have been notified in writing by HMRC of the new changes [...]
A review of who is awarded child benefit may result in those who receive occupational perks, for example a company car, having their child benefit stopped or reduced. From January 7th 2013, full child benefit [...]
If you are one of the thousands of people claiming child benefit, and have been notified by HMRC that you will have reduced child benefit payments due to your earnings, you will generally have to [...]
