17/07/2026
Are you aware of the High Income Child Benefit Charge? Many people think that receiving Child Benefit is straightforward, but if you or your partner earns over a certain threshold, you might have to pay some or all of it back.
For the 2024-2025 tax year, if your adjusted net income exceeds £60,000, a tax charge kicks in. Ignoring this can lead to unexpected tax liabilities and financial stress later on.
At Everest Chartered Accountants, we can help you:
- Determine your adjusted net income
- Calculate the potential charge you may face
- Explore options for managing or opting out of payments
- Assist with registration for Self Assessment if needed
Take control of your financial future. Contact us today for personalised advice!
👉🏻https://www.everest-accountants.com/