We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide
How much pension should I contribute to avoid high income child benefit tax charge
Comments
-
Hi, if anyone is still monitoring this post; I've read through this, I think I'm gonna go over the £50k mark this April. Possibky by 5k, is the only way o avoid higher rate tax and child benefit tax, to pay the extra 5k into my pension.
Thanks.. hopefully.. somebody is there0 -
If you look at HMRC's child benefit charge calculator you'll see that the things you can deduct seem to be pension contributions, gift aided charitable contributions and cycle scheme. I'm guessing pensions are probably the most relevant to you!0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 354.6K Banking & Borrowing
- 254.5K Reduce Debt & Boost Income
- 455.5K Spending & Discounts
- 247.5K Work, Benefits & Business
- 604.4K Mortgages, Homes & Bills
- 178.6K Life & Family
- 261.9K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.1K Discuss & Feedback
- 37.7K Read-Only Boards