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Child Benefit threshold increase
BearBear1234
Posts: 1 Newbie
Last year I moved in with my partner, due to his earnings I cancelled my child benefit payments for my son. I have received a text message today from 'HM Revenue and Customs' with the following info: 'If you opted out of receiving Child Benefit payments and you and your partner each earn less than £80,000, you may now want to opt back in. This follows recent increases to thresholds for the High Income Child Benefit Charge.' I've had a quick google and can't find any confirmation of this so wondered if anyone could confirm if this is true as I would be able to start claiming it again if it is. Many thanks.
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Comments
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Between £60 and £80k and you will still need to pay some back, but not all.2
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Even if needing to pay some back it can be beneficial to claim for the NI credits if you are not employed
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it was in the Budget StatementBearBear1234 said:Last year I moved in with my partner, due to his earnings I cancelled my child benefit payments for my son. I have received a text message today from 'HM Revenue and Customs' with the following info: 'If you opted out of receiving Child Benefit payments and you and your partner each earn less than £80,000, you may now want to opt back in. This follows recent increases to thresholds for the High Income Child Benefit Charge.' I've had a quick google and can't find any confirmation of this so wondered if anyone could confirm if this is true as I would be able to start claiming it again if it is. Many thanks.
https://www.gov.uk/government/publications/income-tax-increasing-the-high-income-child-benefit-charge-threshold/the-high-income-child-benefit-charge-threshold0
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