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Does Child benefit count as income?

Hello.

The Child benefit has been set up in my partners name, but I noticed on my HMRC account it shows the following for this tax year.

Under the section....

All activity on your PAYE account(current tax year)

Child Benefit of £3,268.20 added

My last two tax years have still not been finalised. I understand 25/26 is too early. But 24/25?

Looking forward to replies

Best regards

ItsAllDinx

Comments

  • Dazed_and_C0nfused
    Dazed_and_C0nfused Posts: 19,527
    10,000 Posts Sixth Anniversary Name Dropper
    Forumite

    It isn't taxable income.

    But the High Income Child Benefit Charge can be due for some people.

    The partner with the higher adjuster net income is liable. Child Benefit itself isn't part of the adjusted net income calculation though.

  • Its_all_Dinx
    Its_all_Dinx Posts: 90
    Part of the Furniture 10 Posts Photogenic Name Dropper
    Forumite

    Thanks for the info.

    From your past advice, I have increased the amount going into pension.

    I might give HMRC a call to find out why 24/25 is still not calculated.

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