Government changes to child benefit claims for households where at least one person earns over £50,000 can lead to surprise Self-Assessment penalties, if there is a failure to register for Self-Assessment prior to the 5th October 2014 and your circumstances have changed.
Less than two weeks away!
Consider these two scenario’s
1. You or your partner have received a pay increase in the past year taking your employment income in excess of £50,000, and you continue to receive child benefit. You must…Read More