Child Benefit: Repayments

(asked on 14th May 2018) - View Source

Question to the HM Treasury:

To ask Mr Chancellor of the Exchequer, how much revenue has accrued to the public purse under the child benefit tax charge.


Answered by
Elizabeth Truss Portrait
Elizabeth Truss
This question was answered on 22nd May 2018

The High Income Child Benefit Charge (HICBC) was introduced in 2013 to help reduce the fiscal deficit and to ensure that support is targeted at those who need it most. HICBC applies to someone with an income over £50,000 who claims Child Benefit, or whose partner claims it. The tax charge increases gradually for taxpayers with incomes between £50,000 and £60,000.

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