High Income Child Benefit Charge penalties collapse by 99%

HICBC penalties plummet, but the trap is still set for high earners

If you are a parent earning a higher income, you may have already stumbled across the High Income Child Benefit Charge (HICBC), perhaps without even realising it. While recent figures suggest that penalties are now a rarity, this is no time to relax. Penalty figures drop sharply – but not because the rules have changed According to the latest statistics, HM Revenue & Customs (HMRC) issued just 46 penalties for HICBC non-compliance in the 2024/25…

‘Unfair’ High Income Child Benefit Charge cases tumble by 99%

The number of families charged for falling foul of the High Income Child Benefit Charge (HICBC) has plummeted by 99%, research reveals.

High Income Child Benefit Charge penalties collapse by 99%