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Child benefit tax payment

14 replies

Goodbookandcupoftea · 30/06/2023 14:23

I have earned just over the 50k threshold for 2022-23, £50054. The self assessment has come back as saying I owe £339.00. Anyone know if this seems correct? I think it seems high for being just slightly over. I stupidly helped my work out by doing an extra shift in March, I would have been under the 50k otherwise! The helpline is closed till September so I can't speak to anyone to ask.

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PatriciaHolm · 30/06/2023 14:25

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

Does this help?

Goodbookandcupoftea · 30/06/2023 17:21

PatriciaHolm · 30/06/2023 14:25

Thanks for that. This is adding further to the confusion as according to this i only pay the charge if my income is over £50099, so it appears I don't owe anything. Yet my self assessment says otherwise!!! Any ideas of who I could speak to before September to get advice?

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Alarae · 30/06/2023 17:25

Is it perhaps tax from something else and not just the child benefit charge?

Also, have you checked if any pension contributions have been accounted for correctly as this may take you under the threshold?

Goodbookandcupoftea · 30/06/2023 17:29

I've managed to send an online enquiry to ask to have sef assessment removed for this year. I will see what they say. Thanks!

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PickledPurplePickle · 30/06/2023 17:31

It might not be that

What tax code we’re you on?
Did you have a p11d?
Did you have any other income?

Marmight · 30/06/2023 18:09

Do you pay any pension contributions through work?
Did you take them off your gross income?

Goodbookandcupoftea · 30/06/2023 18:24

Yes I submitted income after tax etc as per p60.

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Cb1987 · 30/06/2023 18:31

just checking you did submit it gross pay rather than after tax? So gross pay minus any pension contributions.

Oblomov23 · 30/06/2023 18:38

That does seem high. Call them next week and query it.

Orangeteddy · 30/06/2023 22:14

Do you have any other benefits in kind, for example a company car or private healthcare as these count as salary when it comes to child benefit thresholds?

Goodbookandcupoftea · 30/06/2023 22:27

Cb1987 · 30/06/2023 18:31

just checking you did submit it gross pay rather than after tax? So gross pay minus any pension contributions.

I submitted my pay after tax deducted, so the taxable gross. The amount in the left hand box in the p60. Now I'm just confusing myself. Isn't it the taxable gross rather than total gross I need to declare?

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Goodbookandcupoftea · 30/06/2023 22:31

Orangeteddy · 30/06/2023 22:14

Do you have any other benefits in kind, for example a company car or private healthcare as these count as salary when it comes to child benefit thresholds?

No, no other benefits in kind. I do have tax relief on expenses, for professional subscriptions and travel expenses but these are minimal.

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PurplePear7 · 30/06/2023 22:32

Your PAYE tax code was probably wrong for the year. Do you know what it was?

Goodbookandcupoftea · 30/06/2023 22:33

I have 2 jobs totalling the just over 50k figure.
SD0M1 and S1167L

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