Steven Kane
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Self Assessment - Child Benefit High Charge
Hi there, I was wondering if someone can help. I called up HMRC today as we have been given a pay rise that included back pay, which was meant to be paid in last year's financial year. However, our employer was not able to complete this and back pay was paid this month (April 2023). I called HMRC and asked if the back pay can be included in last year's financial year (as this was meant to be), but will not show in that P60. The advisor said this was possible and declare this within the self assessment and to make notes of payments/dates. However, I have put my P60 figure etc, but unsure of where I should include my back pay figure? Also, what happens when I complete the self assessment next year, as my P60 will include my back pay figure, but I would hopefully already paid the CB High Charge? Hope this makes sense?? Thanks -
HIGH CHARGE CHILD BENEFIT
Hi there, I was wondering if you can help... I have a question relating to the High Charge for Child Benefit. We have been fighting for a pay rise for a while now and finally has been agreed by our employer. We have been granted back pay for 22/23 and an increase from April 2023. However, our employer is unable to pay the back-pay until the end of this month (April 2023), which is now the new financial year. I have done some calculations using the High Charge calculator and we would not have to pay so much back, if this backpay was paid in March 2023(last year's financial year. My question is will HMRC take this into account, as the back pay was for 2022/23 and not 23/34, Thanks -
RE: High Income Child Benefit Charge
Hi there, Sorry for jumping on this post, as I was unsure how to create a new chat forum. I have a question relating to the High Charge for Child Benefit. I have been given a pay rise for 2022-23 and back pay for also that year. However, our employer was unable to pay this pay rise within this year and I will now be getting this next month (April 2023), so therefore with the increase and back pay all in this year, is going to make me pay more of the charge. My question is will HMRC take this into account, as the pay rise is for 2022/23 and not 23/34, Thanks