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Warning over Child Benefit as 1.6m families told to repay thousands

Warning over Child Benefit as 1.6m families told to repay thousands

More than a million families are facing big tax bills within weeks. High-earning parents who claim Child Benefit are likely to be affected over the next financial year. Finance experts say this little-known issue centers on what’s known as High Income Child Benefit Charge (HICBC), which was introduced in January 2013, reports the Mirror. It’s … Read more