High Income Child Benefit Tax Charge
The question
To ask the Chancellor of the Exchequer, whether she has made an assessment of the potential impact of the High Income Child Benefit Charge on (a) single-earner and (b) dual-earner households with similar or higher combined incomes.
Answered by James Murray
By withdrawing Child Benefit from high-income parents where the higher earner earns £60,000 or more, the HICBC helps to ensure the sustainability of the public finances and protect our vital public services.
Information on the number of households that have a joint income of over £90,000 that are not subject to the High Income Child Benefit Charge is only available at disproportionate cost.
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