Thousands of families claiming Child Benefit will now have the option to pay the high income tax charge through their tax code for the first time. Child Benefit is valued at £26.05 a week for the first child and £17.25 for any subsequent children. This benefit is awarded if you are responsible for a child, but if you or your partner earn a high income, you may have to repay some of this benefit.

If either of you earns over £60,000, you must repay 1% of your Child Benefit for every £200 earned over £60,000. This is referred to as the High Income Child Benefit Charge.

Once your earnings exceed £80,000, you must repay 100% of your Child Benefit. Typically, the high income charge is paid through self-assessment, but now there's an option to pay it via your PAYE tax code. This means HMRC will

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