Doncaster parents alerted to child benefit tax

NEWS: News.

NEWS: News.

0
Have your say

Doncaster parents on higher incomes who continued to receive Child Benefit after January 2013 have been reminded that they must register for Self Assessment by October 5 to avoid any penalties in relation to the High Income Child Benefit Charge.

This month, HM Revenue and Customs will be writing to around two million higher rate taxpayers, including those affected by recent changes to Child Benefit.

The letter reminds them that if their income is over £50,000 and they or their partner received Child Benefit in 2012/13, they will need to complete a Self Assessment tax return for the 2012/13 tax year. They must register now with HMRC for Self Assessment if they have not already done so.

Over 390,000 people with higher incomes have already opted out of receiving Child Benefit including around 22,600 people across Yorkshire and the Humber.