Self-assessment: How much Child Benefit to declare?
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gregc
Posts: 57 Forumite
I will need to pay some of the High Income Child Benefit charge on my tax return. It is for a partial year, how much am I supposed to declare that I received/was entitled to etc
"Enter the total amount of Child Benefit you and your partner were entitled to receive for the year to 5th April 2018"
17/7/17 - 5/4/18
- CB tax calculator tells me £786.60 (which is 38 weeks)
- The self-assessment form automatically calculates £765 (37 weeks) (I can edit this, but there isn't any real reason I should be making them wrong)
- I actually received £724.5 (35 weeks) - probably because I receive it monthly.
I think it's supposed to be one of the first two, but I'm not sure why they disagree. To save manual calculations, the time period is 37 weeks and 3 days, and there were 38 mondays in this time period.
Thanks for wisdom!
"Enter the total amount of Child Benefit you and your partner were entitled to receive for the year to 5th April 2018"
17/7/17 - 5/4/18
- CB tax calculator tells me £786.60 (which is 38 weeks)
- The self-assessment form automatically calculates £765 (37 weeks) (I can edit this, but there isn't any real reason I should be making them wrong)
- I actually received £724.5 (35 weeks) - probably because I receive it monthly.
I think it's supposed to be one of the first two, but I'm not sure why they disagree. To save manual calculations, the time period is 37 weeks and 3 days, and there were 38 mondays in this time period.
Thanks for wisdom!
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