My salary varies between below £50k and above £60k. As such we claim child benefit for our 2 children and I have repaid over payments via the following year's tax code in previous years.
This year my income is £58,500 so I need to pay back 85% of the CB (about £1650).
I have selected the option on the self assessment to delay repayment as it is below £3000, but when I am on the last page it says that I will need to repay by the 31st of January rather than being repaid via PAYE.
I think that the same thing happened last year, but the amount owed was only £150 so I just paid it.
Have I missed something?
Am I safe to submit or will I be stung with a lump sum demand (that I can't afford)?