Don't forget to register for Self Assessment by 5 October if you are caught by High Income Child Benefit Charge!

So what is this all about?

Well if you, or your partner, have an individual income of more than £50,000 in a tax year and either of you has been in receipt of Child Benefit since 7 January 2013 then you must register for Self Assessment by 5 October 2013 to pay the charge.

Our earlier blog here explains HICBC in a bit more detail.

If the above applies to you, and you would like our help, why not get in touch and remember our rates are reasonable and an initial consultation is free!

 

The above is for general guidance only.  Buick & Co Chartered Tax Advisers and Tax Consultants take no responsibility whatsoever for this blog, its reliability or any actions you take having read it.

 

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