HMRC is contacting parents who may owe tax on Child Benefit payments for the 2024/25 tax year. Who could be affected? If you or your partner earns over £60,000, you may need to repay some Child Benefit. If the higher earner earns £80,000 or more, all Child Benefit may need to be repaid. If you owe tax for 2024/25, you may need to register for Self-Assessment and submit a tax return. If you have received a letter from HMRC, don’t ignore it. Taking action promptly could hel

#FarrellAndFarrell #crossbordertaxadvisors #crossborder #taxadvisors #uktaxadvisors #roitaxadvisors #accountantcountydown...

HMRC is urging parents who claimed child benefit before 2000 to check if they are eligible to increase their state pension. Some parents...

HMRC is urging nearly a million parents with 16 to 19 year old children in education that they must renew child benefit claims urgently...

Since 1977, families claiming Child Benefit had to fill out a paper form, post it, and wait as long as 16 weeks for their first payment....