17:00 Sunday 17 March 2013

Time to opt out of child benefit for high income earners

Written bySarah Marshall

HIGH income parents have until March 28 to opt out of child benefit to avoid filling in a tax return and repaying the benefit for the forthcoming tax year.

Council Tax

Anyone with an income over £60,000 who has received child benefit since January needs to register for self assessment by October 5 to repay some or all of this year’s benefit, but if they opt out now this will be a one-off.

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