CMcM2024
-
Child Benefit High Income Charge
I had my first child in January 2024 but have only recently claimed child benefit in August, which has just been received with 3 months backdated. My husband earns over £60,000 and therefore we are aware he will need to register for self assessment in regards to self assessment. Does he need to register for self assessment by 5 October 2024? Or will it be next year that the self assessment needs to be done for the tax year 24/25? -
Self Assessment - High Income Charge
I have recently applied for Child Benefit (Aug 2024) but have not yet received any confirmation in regards to my application and have not received any payments. My husband is a higher earner, and I am aware that he will need to complete a self assessment for the High Income Charge. I note that the deadline to register for Self Assessment for this year is 5 October 2024, but as we have not received any payments to date, does he need to register for Self Assessment? If he does not need to register, what does he need to do for this tax year, if child benefit payments are received?