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.

The MSE Forum Team would like to wish you all a Merry Christmas. However, we know this time of year can be difficult for some. If you're struggling during the festive period, here's a list of organisations that might be able to help
📨 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!
Has MSE helped you to save or reclaim money this year? Share your 2025 MoneySaving success stories!

Child Benefit Over Paid? £50000 Earner

2»

Comments

  • HillStreetBlues
    HillStreetBlues Posts: 6,282 Forumite
    1,000 Posts Third Anniversary Homepage Hero Photogenic
    edited 1 December 2023 at 4:41PM
    Moneybox said:


    Still a bit confused as to if we have been over paid what has to be paid back. Is it a sliding scale between 50-60 or is it once you’re over 50 you have to pay a set amount back?
    Over £50k is 1% of CB every £100 (or part of)
    So it if the final amount used to calculate CB deductions is £52K   you would need to pay back 20% of the child benefit
    Let's Be Careful Out There
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 352.9K Banking & Borrowing
  • 253.9K Reduce Debt & Boost Income
  • 454.7K Spending & Discounts
  • 246K Work, Benefits & Business
  • 602.1K Mortgages, Homes & Bills
  • 177.8K Life & Family
  • 259.9K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16K Discuss & Feedback
  • 37.7K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.