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Original poster

Child benefit tax charge

3 replies

tossacoin1 · 15/07/2020 19:23

Hi, we're going to start claiming child benefit but as my husband earns over 50k I believe we have to pay tax on it. Has anyone had this and can tell me how much tax you pay and if it's still worth doing?

OP posts:
maildaily · 15/07/2020 19:32

You don't pay tax on it but it's tapered from 60k to 50k. How much you get depends upon your income

Reese123 · 15/07/2020 21:20

Use the child benefit tax calculator on the gov.uk website

www.gov.uk/child-benefit-tax-calculator

Aroundtheworldin80moves · 15/07/2020 21:23

If you are a SAHM it's worth it for NI contributions.
We are just over the 50k threshold. We complete a self assessment tax form every year anyway so it's no extra work for us really.

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