High Income Child Benefit Tax Charge
The question
To ask the Chancellor of the Exchequer, if she will make an assessment of the potential impact of the High Income Child Benefit Charge on people earning just over £50,000 per year.
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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