Question to the HM Treasury:

To ask the Chancellor of the Exchequer, with reference to the Answer of 26 March 2021 to Question 170688 on Child Benefit, if he will make it his policy to align the threshold for payment of the High Income Child Benefit Charge in the tax year 2021-22 with the threshold at which people become higher rate taxpayers.

The Government is committed to managing the public finances in a disciplined and responsible way by targeting support where it is most needed. The adjusted net income threshold of £50,000 used in the administration of the High Income Child Benefit Charge (HICBC) only affects a small minority of those with comparatively high incomes. The Government therefore believes that the current threshold for HICBC remains the best option at present. As with all elements of tax policy, the Government keeps this under review as part of the annual Budget process.