StressedEric01
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RE: Child Benefit 10 % Tax Charge - earning over the £50,000
Hi, I earn under £13,000 annually, but my husband earned £76,800 for 2022-2023 tax year. I didn’t realise that Child benefit was calculated on the highest earner and not joint income (my mistake). I believe that we have to now pay the total Child Benefit received for that tax year (22-23) . Would someone be able to clarify that this is correct? If so, we received 12 payments over 2022-2023 for one child totalling £1045.75 therefore I owe HMRC £1045.75. Can you advise if this is correct and that this is the money we owe back? Also, will I have to pay a fine on claiming Child Benefit that I’m not entitled to and what is the next step to make the payment back? I have spend over 5 hours on the phone over the last month to HMRC trying to resolve this but to no avail. I want to pay all this money (that I mistakenly claimed) back but no one on the HMRC phone lines can give me an answer.