Tony Mason
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RE: Child Benefit - Do I declare money received even though paid back?
Thank you for your post and information -
RE: Child Benefit - Do I declare money received even though paid back?
Any feedback please? -
Child Benefit - Do I declare money received even though paid back?
I am filling 2023 - 2024 Self Assessment and I received Child Benefit for 10 month's of the year, which I declared my wages is above £50k threshold. I informed HMRC and cancelled the benefit and paid back what I received. On the Self Assessment, I have ticked I received Child Benefit but changed the amount to Zero as I've paid back the money received. Is this correct as when I input the amount received £953.40, the calculator at the end of the assessment takes this off the amount I'm owed. I'm reading this as if I've paid back Child Benefit twice.