High Income Child Benefit Tax Charge
(asked on 24th April 2025) - View Source
Question to the HM Treasury:
To ask the Chancellor of the Exchequer, whether she plans to review the High Income Child Benefit Charge.
This question was answered on 1st May 2025
The High Income Child Benefit Charge (HICBC) is currently the best way to manage Child Benefit expenditure. By withdrawing Child Benefit from high-income families, the HICBC helps to ensure the sustainability of the public finances and protect our vital public services. As announced at Spring Statement 2025, the Government is simplifying the process for those who pay the HICBC by investing to modernise HMRC's IT and data systems.