Pay back 2023/2024

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?

Comments

  • sheramber
    sheramber Posts: 19,028 Forumite
    First Anniversary I've been Money Tipped! First Post Name Dropper
    Next year's payments won't be set off against last year's charge if that is what you mean.


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