Special tax charge if either you or your partner earns over £50,000 and you’ve claimed child benefits. You also pay HICBC if someone else gets child benefits for a child living with you and they contribute at least an equal amount towards the child.
You need to work out your adjusted net income to see if you pay the high-income child benefit.
If both partners have incomes of £50,000+ then the partner with the higher income pays the tax.
Our first post on our blog! We can't wait to show you what's next
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Here’s how Earnr helps Etsy sellers organise their income and pay themselves a regular salary
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As part of our interest in supporting Etsy sellers, we’ve been doing some digging into the current state of the Etsy world as lockdown becomes more and more a thing of the past.
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