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Tax Code Re-Assessment (due to child benefit high income threshold changing)

Answer
disc0d4ve
Posted Fri, 05 Apr 2024 09:25:55 GMT by disc0d4ve
When will HMRC be re-assessing tax codes for 2024/2025? The new limit for High Income Child Benefit Charge is payable (£60-80K) now but my code states my tax free allowance has been reduced as I will be earning in the old limit range (£50k to £60k) - This will need to change to reflect the new range.
Answer
disc0d4ve
Posted Tue, 09 Apr 2024 21:40:22 GMT by disc0d4ve
Any advice @hmrc admin?
HMRC Admin 32 Response
Posted Tue, 16 Apr 2024 10:47:19 GMT by HMRC Admin 32 Response
Hi,

The tax codes will be updated during the month of April and once updated a new code will be issued to you and your employer. 

Thank you.

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