The High Income Child Benefit Charge is draining your retirement—here’s the ruthless hack to keep the cash and retire wealthier than ever.
Net adjusted income means money from all sources, including savings interest and dividends (outside of SIPPS and ISAs) and income from rental properties – adjusted for certain allowances.
In short: anything you’d declare to the taxman.
Your pension and the High Income Child Benefit Charge
Are you a Monevator-reading parent whose Child Benefit is going the way of sex, sleep, and skinny jeans?
Let’s see how you can keep your free money and retire richer, too.
Sadly the strategy – putting more into a pension to reduce your income – does require some near-term sacrifice.
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