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Child benefit - have I missed something?

(2 Posts)
SuzysZoo Fri 23-Nov-12 11:23:46

If I keep collecting child benefit I'll only have to pay it back in 2014 once I've done the tax return, so I will have the benefit of having the money now (as long as I remember to budget for the big tax hit). So is it better to keep claiming and pay back later?

CogitoErgoSometimes Fri 23-Nov-12 11:41:12

Definitely better to claim and pay back. That's what I'm planning to do anyway. Already do a self assessment return each year so I expect it'll be managed away through my tax code in 2013/14. Also, if my salary drops for any reason I don't have to reapply

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