Keeping you up to date with the latest news and happenings in the worlds of accounting, tax and insolvency
High Income Child Benefit Charge (HICBC) – not just for higher rate taxpayers
High Income Child Benefit Charge – not just for higher rate taxpayers The High Income Child Benefit Charge (HICBC) is a tax charge that claws back payments of child benefit where the recipient or the recipient’s partner has income of at least £50,000 per year. Where b...
Does the high-income child benefit charge apply to you?
Does the high-income child benefit charge apply to you? The high-income child benefit charge (HICBC) is in place to claw back child benefit from either the claimant or his or her partner where at least one of them has an income of £50,000 or more. The charge is perhaps...
Why you should still register for Child Benefit even if you are a high earner
Importance of registering for child benefit - even if the High-Income Child Benefit charge applies If you are a parent or carer affected by the High-Income Child Benefit charge (HICBC) you can be forgiven for thinking that there is no point in registering for child benefit...
Latest News Items
Categories
At Arthur Boyd and Company we pride ourselves on providing a hands on and personal approach, specifically tailored to your individual needs. To find out how we can help, contact us today for a trusted consultation.