Question to the HM Treasury:
To ask the Chancellor of the Exchequer, what assessment he has made of the potential merits of increasing the High Income Child Benefit charge to reflect trends in the level of inflation.
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, which impacts a relatively small minority of taxpayers, ensures the Government supports the majority of Child Benefit claimants, whilst helping to ensure the fiscal position remains sustainable.