High Income Child Benefit Tax Charge

(asked on 27th February 2023) - View Source

Question to the HM Treasury:

To ask the Chancellor of the Exchequer, what recent assessment he has made of the suitability of the thresholds for paying High Income Child Benefit Charge.


Answered by
Victoria Atkins Portrait
Victoria Atkins
Secretary of State for Health and Social Care
This question was answered on 9th March 2023

The Government is committed to managing the public finances in a disciplined and responsible way.

The Adjusted Net Income threshold of £50,000 for the High Income Child Benefit Charge (HICBC) means that the Government continues to support the majority of Child Benefit claimants, whilst ensuring that the fiscal position remains sustainable. The Government therefore considers that the current threshold remains appropriate.

However, as with all elements of tax policy, the Government keeps this under review.

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