5th October 2013 Deadline for High Income Child Benefit Charge Self-Assessment Registration

Individuals are urged to be aware that they should be completing tax returns if they (or their partner) earn over £50,000, have received Child Benefit payments since 7 January 2013 and are the higher earner in a couple.

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If you meet this criteria then you may be liable to a new tax charge. You must register for Self Assessment by 5 October 2013 to pay that charge.

If you do not register for self-assessment by 5 October 2013 HMRC can not guarantee that they will have issued you with a 'Unique Taxpayer Reference' (UTR) to enable them to submit a tax return and this could lead to penalties. In our experience, waiting for a UTR and tax return to be issued can be a timely process.

For more information, please contact our expert tax team or complete a quick enquiry form and we will get back to you very shortly.

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