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Reform of the High-Income Child Benefit Charge
From 6 April 2024, the High-Income Child Benefit Charge trigger is increased from £50,000 to £60,000. The clawback rate is reduced from the same date. Read this article to find out about these changes and the move to household income from April 2026.
High Income Child Benefit Charge – not just for higher rate taxpayers
The HICBC claims back payments of child benefits where the recipient or their partner has income of at least £50,000 per year. Learn here who is affected and the most effective way to deal with the charge. #childbenefit #taxtips
Does the high-income child benefit charge apply?
The high-income child benefit charge (HICBC) applies to claw back child benefit from either the claimant or his or her partner where at least one of them has income of £50,000 or more.