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Still need to pay back child benefit?

DannyCarey
DannyCarey Posts: 196 Forumite
Third Anniversary 100 Posts Name Dropper
edited 6 March 2024 at 3:05PM in Cutting tax
I stopped child benefit payments as I am over the threshold.

I agreed to pay back last years via direct debit starting this tax year. 

I think after a lot of pension salary sacrifice and company stock I was somewhere in low 60s. 

Will.i still have to pay this back as agreed before the budget, or do things change now?
"Wealth consists not in having great possessions, but in having few wants."

Comments

  • I stopped child benefit payments as I am over the threshold.

    I agreed to pay back last years via direct debit starting this tax year. 

    I think after a lot of pension salary sacrifice and company stock I was somewhere in low 60s. 

    Will.i still have to pay this back as agreed before the budget, or do things change now?
    The change announced today only applies from 6 April 2024, it doesn't impact the current or any previous tax years 
  • DannyCarey
    DannyCarey Posts: 196 Forumite
    Third Anniversary 100 Posts Name Dropper
    I guess I should reopt back in then?

    They didn't even opt me out properly - only stopped one of my two children payments each month! 
    "Wealth consists not in having great possessions, but in having few wants."
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