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Best date to opt back into CB?

2 replies

IYZAY · 09/03/2024 09:49

So I hastily/stupidly opted out of my CB payments just over a week ago to avoid the high income charge going into the next tax year. (Should've waited for the budget speech) We will be over this year so have to do a self assessment which I'm dreading as we've never had to do one before. Anyway, now that the threshold has gone up I can opt back in again but what would be the best date to start the payments from? I'm assuming a few days after the new tax year?
Thanks.

OP posts:
TheOneWithUnagi · 09/03/2024 18:51

From 6th April I would think best

youveturnedupwelldone · 09/03/2024 21:30

From 6th April, it is paid in arrears. I've just submitted the form to resume payments as I'm now going to qualify for it again with the budget change, I've put 6th April.

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