The Child Benefit charge, worked out in a minute.
For UK parents where one partner earns over GBP 60,000. See the High Income Child Benefit Charge and how a pension contribution would change it.
What to know
- From 6 April 2024 the charge is 1% of Child Benefit for every GBP 200 of adjusted net income over GBP 60,000 (GOV.UK).
- At GBP 80,000 or more, the charge equals all the Child Benefit received.
- Pension contributions can lower adjusted net income.
What is inside
Income
Adjusted net income, Child Benefit received and a pension amount to test.
Result
The charge, and the charge with the extra pension.
Who it is for
- Parents earning between GBP 60,000 and GBP 80,000
- Couples deciding whether to keep claiming
- Bookkeepers
Get it
$5 one-time
- One file that opens offline in any browser
- No account, no upload, no subscription
You get the file within one working day.
Questions
Is this tax advice?
No. Check GOV.UK or an accountant.
Should I stop claiming?
That is your choice; claiming can still protect National Insurance credits (GOV.UK).
Where is the data?
Only in your browser.