The most obvious reason for most is the money. However, for those with an income in the £50K+ bracket, due to the introduction of the High Income Child Benefit Charge (HICBC), individuals may decide not to bother claiming. Try not to make this mistake. Whether or not you want or are entitled to the money, … Continue reading
For households in which no one earns over £50K per annum, this is not a question worth answering because the child benefit tax charge (introduced in 2013) doesnt apply. If, on the other hand, you (and/or your partner) are lucky enough to earn over £50K, you already know that one of you must pay the … Continue reading