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    • Natnats18
    • By Natnats18 4th Jan 18, 12:54 AM
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    Natnats18
    High income child benefit and PAYE
    • #1
    • 4th Jan 18, 12:54 AM
    High income child benefit and PAYE 4th Jan 18 at 12:54 AM
    Following my 2015/16 self assessment to work out my high income child benefit charge I am paying the charge through my tax code and also paying the estimated 2016/17 charge through PAYE. I have just completed the SA return for 2016/17 and am not sure if I should have stated anywhere the total charge I owed from 2015/16 that I am clearing via PAYE. does anyone know if I should enter this charge or does the fact that my PAYE CODE since April 2017 has clawed back the amount owed mean that I should be entering 0 for underpaid tax and debts on the self assessment?
Page 1
    • Dazed and confused
    • By Dazed and confused 4th Jan 18, 8:05 PM
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    Dazed and confused
    • #2
    • 4th Jan 18, 8:05 PM
    • #2
    • 4th Jan 18, 8:05 PM
    There may have been a different underpayment in your 2016:17 tax code but tax owed from Self Assessment returns goes in a three year cycle which means the money owed for 2015:16 would be in the current year (2017:18) tax code so not relevant to 2016:17

    i.e. 2015:16 tax year had finished, during 2016:17 tax year you complete your return for 2015:16.

    You either pay the tax due for 2015:16 by 31 January 2017 or it is collected from the start of the next tax year beginning 6 April 2017.

    So you definitely need to include the 2015:16 underpayment figure on your next return but there may not be anything to show on your 2016:17 return.
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