I was hit with a £3,000 surprise tax bill after missing child benefit rules

France Nouvelles Nouvelles

I was hit with a £3,000 surprise tax bill after missing child benefit rules
France Dernières Nouvelles,France Actualités
  • 📰 TheSun
  • ⏱ Reading Time:
  • 47 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 22%
  • Publisher: 61%

'I was hit with a £3,000 surprise tax bill after missing child benefit rules'

At one point he was earning over £60,000, meaning he should have been paying back all of the child benefit.

Luckily, the fine for making the payments late was waived as he said he would make the initial £1,500 payment immediately."I was in the lucky position to be able to afford it, but it is one of those cases where you get yourself into a grey zone then something comes out of the left field," he said. Any further high income child benefit charges he has to pay are spread across the year and taken out of his monthly pay packet."As a parent, I was thinking, is my house at risk? Are there going to be any wranglings around it?An HMRC spokesperson said: "The vast majority of customers meet their obligations and comply with the High-Income Child Benefit Charge , by either paying the charge or opting out of receiving Child Benefit payments.

If your income is between £50,000 and £60,000 the tax charge is 1% of your child benefit for every £100 between the two figures.

Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

TheSun /  🏆 64. in UK

France Dernières Nouvelles, France Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

'I sent a text to the wrong number - and married the stranger who replied''I sent a text to the wrong number - and married the stranger who replied'The sweetest love story ever ❤️
Lire la suite »

Alex Marquez “had some questions” about himself during Honda MotoGP woesAlex Marquez “had some questions” about himself during Honda MotoGP woesAlex Marquez's move to Ducati is already showing promise. And now he's opened up about the soul-searching involved in the last couple of seasons with Honda. 👀
Lire la suite »

Alex Marquez “had some questions” about himself during Honda MotoGP woesAlex Marquez “had some questions” about himself during Honda MotoGP woesAlex Marquez admits he “had some questions” about his riding abilities during his Honda woes in MotoGP, but says he “never doubted that I can be fast”. ⬇️
Lire la suite »

Has Alonso made the right choice gambling on Aston Martin F1?Has Alonso made the right choice gambling on Aston Martin F1?The double Formula 1 champion’s move to Aston Martin looked a strange one last summer, but the people involved reckon it’s making more and more sense as time goes by - a view only supported by a strong showing in Bahrain testing
Lire la suite »

Dumped Love Island bombshell Martin Akinola says 'Tanya doesn't love Shaq'Dumped Love Island bombshell Martin Akinola says 'Tanya doesn't love Shaq'The Irish lad was booted from the Villa last week during a dramatic recoupling event.
Lire la suite »

Aston Martin issue update on Lance Stroll injury ahead of F1 season openerAston Martin issue update on Lance Stroll injury ahead of F1 season openerAston Martin have announced who will replace Lance Stroll for the Formula One season opener if he fails to recover from injury in time.
Lire la suite »



Render Time: 2025-02-27 08:23:02