Child benefit - calculated on salary or tax year earnings?

[cbquestion]

Hope someone can help as I'm a bit confused.

Currently in a job paying £28k, so I get child benefit. I am moving next month to a job paying £70k.

Although £70k is above the child benefit threshold, my earnings for this financial year will be under £50k. So theoretically could I still receive CB until the end of this financial year?

It's on income in the tax year so you will get for this year

Its done for each financial year. Even if you still got child benefit and earned over the £60k limit you can register for self assessment and declare it there and it would be paid back through your income tax. Once you are in a year where you will get £70k you can opt out of of payment of CB but still be registered as a claimant

Great, thanks!

Wow- congratulations on the promotion!

@DustyDoorframes thank you, that's kind. It's a move back to full time from part time too, so not such a huge jump as it might look!