Hi folks,
I was getting the child benefit for the 4 kids and everythig was fine...
Recently i am blessed with another child which was born on 25th October 2023
I was just trying to add the new baby into the existing child benefit claim and found that i have to pay now child benefit charge back to HMRC because my income has increased above 50K and it is now £50,418.90 which is affective from 1st May 2023. It was 47k till 30 April 2023.
So now the question is , should i apply for the new born child benefit ? and if yes then do i need to register for slef assesment first and how much i will have to pay back to HMRC at the end of the year ...
Do i have to file the self assesment by the 4th April 2024 ?
Should i take any step before that date ?
Plese advise. I am confused with this new change..thanks
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