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Posted Sat, 12 Feb 2022 08:22:10 GMT by David O’Connor
I am trying to see if I am over the 50k threshold for the HICBC. On the page https://www.gov.uk/guidance/adjusted-net-income which I have read, it does not mention salary sacrifices such as childcare vouchers, (or cycle to work scheme?) it only mentions pensions and trading losses but does say ‘etc’ Do I take childcare vouchers off my income to arrive at the figure? Cycle scheme? These are removed on my P60 for the ‘taxable income’ so my p60 value is below the threshold.
Posted Mon, 14 Feb 2022 11:25:28 GMT by HMRC Admin 17

Hi,
 
If they are not included as part of the taxable income figure on your P60 you would not include them.

Thank you.

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