I stopped child benefits a few years ago as DH got a big bonus taking him over £60k. He hasn’t had that since and is on about £53k pa. He has private pension and stakeholder pension, so PAYE deductions as well as from bank account.
Total tax newbie, and worried about getting this wrong.
Can we restart?
I know he will have to register for self-assessment, but there are a few parts I don’t quite understand.
If we claim in 2021/22 (ie now) when is the self-assessment due?
Can we claim for last year (and when is the self-assessment due?)
Do we just take earnings and pension contributions from P60 and total private contributions deducted?
If his pension contributions take earnings under £50k, does that mean that we don’t have to register at all?
Thanks – this is confusing!!