The High Income Child Benefit Charge is draining your retirement—here’s the ruthless hack to keep the cash and retire wealthier than ever.
This income threshold is currently £60,000 a year.
Above that level Child Benefit is tapered via the HICBC at a rate of:
- 1% of the Child Benefit is repaid for every £200 of income above £60,000
At £80,000 and above the benefit has been fully withdrawn. (And no further HICBC is due).
A two-child household where one partner’s income is over £80,000 will lose £2,251.60 of Child Benefit in the 2025/2026 tax year due to the HICBC.
That’s quite a chunk of change.
What counts as income?
Your ‘net adjusted income’ determines liability for the HICBC.
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