High Income Child Benefit Charge penalties plummet
22 April 2025
The number of High Income Child Benefit Charge penalties issued to families has plummeted by 99%, according to new data from Quilter. A Freedom of Information request to HM Revenue & Customs revealed that in the 2023/24 tax year, just 75 penalties for ‘Failure to Notify’ were issued, down from 7,007 the year before....