To not understand child benefit banding?

[LolaLemony]

Help!
Just had a pay rise.
My annual salary is now £50,056.
So I now earn £56 a year over the £50,000 cut off for getting child benefit.
I've been googling non stop and I can't find any clear, concise information on this!
All I can find is information about earning £100 over £50,000. But I only earn £56 over £50,000.
Am I still entitled to the full amount of child benefit, or not?
I'm horribly confused! And panicking!

Can you pay a bit extra into a pension so you are back under £50k?

You pay 1% back for every £100 you are over £50k so you'd barely pay anything back. You'd only pay the whole amount back once you reach £60k

Just put a bit more in your pension to take you below £50,000. It starts to taper after £50,000 but you wouldn't lose all child benefit until £60,000.

You’ll loose next to nothing earning that amount. When you get your self assessment form fill it in, they will then adjust your tax code accordingly and you'll continue to get your child benefit. Otherwise pay abit extra into your pension if that’s available to you as an option. Congrats on the pay rise!

Just use the HMRC tax calculator?

https://www.gov.uk/child-benefit-tax-calculator/y/1/2023/no/50056.0/no

I put your £50056 salary and assumed it was for 1 child for tax year 23/24 with no pension contributions and it says that because you are under £50099 salary you will get the full amount.

You also can reduce the salary used to calculate your rights to child benefit by paying pension contributions or gift aid.

Do not panic. Keep claiming child benefit. There is an calculator here so you can get an idea of what you might owe. https://www.gov.uk/child-benefit-tax-calculator

Based on what you've said you will need to pay back very little/nothing at all.

At the end of each tax year, use the calculator and your income info from P60 and work out if you owe anything. If you do, complete a self-assessment tax return.

It’s after pension contributions so you should be fine.

As previous poster has said use the calculator linked above. If you are paying into a pension you will be under the 50k- even at 55k if you pay £6k into your pension you would be under the threshold.