High Income Child Benefit Tax Charge
The question
To ask the Chancellor of the Exchequer, what assessment she has made of the potential merits of scrapping the High Income Child Benefit Charge.
Answered by James Murray
While the government understands the concerns that have been raised about the High Income Child Benefit Charge (HICBC), it is currently the best way to manage Child Benefit expenditure. By withdrawing Child Benefit from high-income families, the HICBC helps to ensure the sustainability of the public finances and protect our vital public services.
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