Child Benefit Question

MattG83

Good Morning,

I have a quick question, i'm hoping someone may know the answer too.

I currently earn about 75k, however my taxable income is around 65k.

I am aware of the new thresholds for child benefit, and i will now be able to claim about 75% of the value.

My question is will i receive the full 100% and then have to complete a self assessment form at the end of the year to repay the 25% back, or will the amount be changed at source to reflect this.

Thanks very much

Matt

sheramber

You can ponly recieve the full amount. 

Dazed_and_C0nfused

MattG83 said:

Good Morning,

I have a quick question, i'm hoping someone may know the answer too.

I currently earn about 75k, however my taxable income is around 65k.

I am aware of the new thresholds for child benefit, and i will now be able to claim about 75% of the value.

My question is will i receive the full 100% and then have to complete a self assessment form at the end of the year to repay the 25% back, or will the amount be changed at source to reflect this.

Thanks very much

Matt

Yes.

Don't forget what you earn isn't the whole story.

You need to factor in all taxable income.