Self Assesment Help

Deano37

brilliant thank you for that< am i correct that this current tax year it will be increased to 60k for higher income child  benefit charge

Thanks Dean

Dazed_and_C0nfused

Deano37 said:

brilliant thank you for that< am i correct that this current tax year it will be increased to 60k for higher income child  benefit charge

Thanks Dean

Yes, the starting point for 2024-25 is now £60,000 and the taper range has doubled from £100 each 1% to £200 so the full charge is only payable when your ANI hits £80,000.