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Child Benefit Self Assessment & Car Mileage

Dedre · 2017-08-01 16:04:40

Hi, So I recently started a new job, whereby I will be earning over £53,000 My partner and I currently claim child benefit for our one child. As I am above the threshold, I understand I need to fill in a self assessment tax-return. I have done a quick calculation and through salary sacrifices (pension / childcare vouchers…

Comments

paulT Posts: 30 Forumite

3 August 2017 at 11:28AM

Hi,

The best way is to fill out the Tax Return - but a couple of months before, forecast how much you are going to be over 50k and make a couple of AVC payments to your pension through your employer to reduce it accordingly. Win! Win!

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