{"id":1909,"date":"2024-04-10T14:54:24","date_gmt":"2024-04-10T13:54:24","guid":{"rendered":"http:\/\/www.pmabookkeeping.co.uk\/?p=1909"},"modified":"2024-04-10T14:54:26","modified_gmt":"2024-04-10T13:54:26","slug":"income-tax-increasing-the-high-income-child-benefit-charge-threshold","status":"publish","type":"post","link":"http:\/\/www.pmabookkeeping.co.uk\/index.php\/income-tax-increasing-the-high-income-child-benefit-charge-threshold\/","title":{"rendered":"Income Tax: Increasing the High Income Child Benefit Charge threshold"},"content":{"rendered":"\n<p>High Income Child Benefit Charge (HICBC) adjusted net income threshold will increase to \u00a360,000, from 6 April 2024.<\/p>\n\n\n\n<p>For individuals with income above \u00a380,000, the amount of the tax charge will equal the amount of the Child Benefit payment. &nbsp;<\/p>\n\n\n\n<p>For individuals with income between \u00a360,000 and \u00a380,000, the rate at which&nbsp;HICBC&nbsp;is charged is halved, and will equal one per cent for every \u00a3200 of income that is more than \u00a360,000.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>High Income Child Benefit Charge (HICBC) adjusted net income threshold will increase to \u00a360,000, from 6 April 2024. For individuals with income above \u00a380,000, the amount of the tax charge will equal the amount of the Child Benefit payment. &nbsp;&hellip; <\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[18],"tags":[],"class_list":["post-1909","post","type-post","status-publish","format-standard","hentry","category-latest-news"],"_links":{"self":[{"href":"http:\/\/www.pmabookkeeping.co.uk\/index.php\/wp-json\/wp\/v2\/posts\/1909"}],"collection":[{"href":"http:\/\/www.pmabookkeeping.co.uk\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.pmabookkeeping.co.uk\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.pmabookkeeping.co.uk\/index.php\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"http:\/\/www.pmabookkeeping.co.uk\/index.php\/wp-json\/wp\/v2\/comments?post=1909"}],"version-history":[{"count":1,"href":"http:\/\/www.pmabookkeeping.co.uk\/index.php\/wp-json\/wp\/v2\/posts\/1909\/revisions"}],"predecessor-version":[{"id":1910,"href":"http:\/\/www.pmabookkeeping.co.uk\/index.php\/wp-json\/wp\/v2\/posts\/1909\/revisions\/1910"}],"wp:attachment":[{"href":"http:\/\/www.pmabookkeeping.co.uk\/index.php\/wp-json\/wp\/v2\/media?parent=1909"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.pmabookkeeping.co.uk\/index.php\/wp-json\/wp\/v2\/categories?post=1909"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.pmabookkeeping.co.uk\/index.php\/wp-json\/wp\/v2\/tags?post=1909"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}