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Pay back 2023/2024
leemackers
Posts: 1 Newbie
Been victim of the high income child benefit tax since 2015. 23/24 is the first year I’ve stepped over the £60k mark.
Although the earnings cap has finally been raised as inflation has every year for next financial year, does this mean that all next years benefit I will receive will be basically to pay all last years back?
Although the earnings cap has finally been raised as inflation has every year for next financial year, does this mean that all next years benefit I will receive will be basically to pay all last years back?
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Next year's payments won't be set off against last year's charge if that is what you mean.
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