Child benefit/tax if you earn £50,150?

[Holidayshopping]

We have never been in the situation where DH has earned over £50,000 before. He hasn’t gone over by much but the tax office say he must register with them online by next week.

Can anyone tell us what the procedure is? Am I right in thinking that once he’s registered, he must fill in a tax declaration by January? Or is it by April? for the previous year’s salary. What information will he need?

Then they will ask for some child benefit back, is that right? How much might that be!?

Sorry, this probably sounds really stupid-We are not accountants!!

He can just make an additional pension payment to take himself back under

He registers, creates an account and completes an online form by end Jan 2019 for 2017-18 tax year. If he wants to do a paper tax return the deadline is end October 2018.

Up his pension a bit.

Just Google Child Benefit Charge and enter your specifics in the HMRC calculator. If only 1 child and no pension contributions and everything else zero you'll owe £10. You can easily add to pension or do a charity donation and pay nothing. Timings check online - the trick is to register ahead of time online and save your passwords somewhere safe ☺. Make sure you keep hold of P45s & other documentation.

Is his salary £51,150 before or after pension contributions? If, once you take his pension contributions off, it's under £50k then you don't need to do anything at all according to HMRC.

If it's after pension contributions the. I agree with others, it's simpler just to make a small voluntary pension contribution.

Timely question. So if I take my pension contribution from my salary resulting a earnings below £50,099 there's no tax return or tax to pay?