Search
  • Brian Wright

Child benefit claw-back

HMRC are issuing letters to taxpayers suspected of claiming child benefit and with income in excess of £50,000 pa.


Even if the benefit is being claimed by a partner with income less than £50,000 the claw-back will apply to the partner with income in excess of £50,000 pa.


An unfair tax as there would be no claw-back if both partners has income of less than £50,000.it is worth thinking how the income can be reduced for tax purposes so as to avoid the claw-back.


To explore this contact Brian on 02083635502 or book an appointment on

https://calendly.com/wrightaccounts/15minutes?month=2022-01





13 views0 comments

Recent Posts

See All

There are a number of points to note regarding the sale of residential property From 6 April 2020 an individual who sells a property which has been let, and makes a capital gain must report the gain a