Higher income child benefit charge

[LiterallyMe]

My DP is about to hit 60k in earnings, my question is do we have to inform child benefit office or do we just add it to his self-assessment at the end of the tax year? We want to continue receiving the child benefit as I need the credits as I do not earn enough to pay tax or NI myself.

He just puts it on his self assessment tax return for the appropriate tax year. You don't need to notify the CB office. I'm assuming the claim is in your name and not his so you get the credits?

You can opt not to receive (but you are still registered for your purposes) rather than having to account for it in self assessment.

Don't forget you can take off certain deductions, such as some types of pension contributions etc.

Agree with @loudbatperson If you're only just going over the 60k it's worth looking at putting more in his pension so that you can keep the child benefit, or don't have to pay any back. Donations to charity also can keep you under the limit.

It wouldn't be worth opting out when only just over the threshold as OP would still get to keep most of the payment. It only all gets paid back once her dh reaches £80K

By the end of the year, if the work continues he’ll be ending the year on around 70k so won’t be quite getting over the threshold of totally stopping payments, but this work he’s getting may stop at any time so won’t yet know what his final earnings will be until the end of the tax year. Thank you for your help everyone. I tried to get answers on Google but I was getting confused with it all.

Keep receiving it. Don't forget the rules changed a year ago.

Unless he has benefits like a company car or private health insurance, you have to be earning well over £80k before you lose it all, so worth keeping.

He just has to do a tax return, and if he does it as soon as he gets his P60 he can probably pay it back via PAYE, so not even needing to find a lump sum.

Ah, it appears that he might be self employed?

In that case definitely keep getting it. He's already doing a tax return so he literally has to answer an extra question during the process that's going to benefit the household by hundreds of pounds a year as a minimum.