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UK parents earning over £60K may owe over £2,250 yearly in child benefit repayments.
HMRC is urging UK taxpayers earning over £60,000 annually to contact its helpline if they face a potential bill of over £2,250 due to the High Income Child Benefit Charge, which requires repayment of 1% of Child Benefit for every £200 earned above the threshold, totaling the full amount at £80,000.
Families with two children could owe more than £2,250 yearly.
Repayment can be made via PAYE adjustments or self-assessment, but some report difficulties, prompting HMRC to recommend calling between 8am and 9am to avoid long waits.
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Los padres del Reino Unido que ganan más de 60 000 libras esterlinas pueden deber más de 2 250 libras esterlinas anuales en reembolsos de prestaciones por hijos.