So this is the first year we’ve received child benefit with the change to the threshold.
Backdated sums for the 2024-2025 year were paid to our bank on 3rd April 2025 so I suppose falls within 2024/25 tax year.
We will need to pay a tax charge though no idea how much.
Can anyone confirm when we would need to register for self assessment? PAYE so have no clue. Would it be October 2025? Or in 2026?
Lady on the phone who confirmed payment said that after this year it wouldn’t be necessary to file tax returns (but presumably charge still payable) is this reliable?
Thank you.