Adam
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High Income Child Benefit Repayment Query
Hello, I have a query around the high income repayment for Child Benefit. We have 3 children and earn above the £60k threshold. 1, Is the child benefit issued at a fixed amount based on the number of children (with tax repaid) or is this amount given each month adjusted based on the annual income? 2, If its the former, I'd prefer not to pay this in a single hit at the end of the financial year, is it possible to pay this tax each month by modifying my tax code? The website suggests we could be entitled to £3,094.00 and the estimated tax to pay is £1,763.00 Thanks