breathless 10 #1 Posted January 18, 2018 To cut a long story short I’ve been earning over £50,000 The last 3 years but I never knew about the child benefit needing to stop.I’m not making excuses I just wasn’t wise to this.I realised this when a friend mentioned it and rang HMRC and I went straight online to fill my self assessment in but I’m worried sick.I really am.How much will I be likely to be fined for this.I’ve looked at some websites and it could be £6,000-£8,000 according to some.Has ANYBODY been in this situation?And how much am I likely to have to pay including any penalties. My last tax year I earned £64000 Previous was £52000 And previous to that was £52000. I was below £50000 before that. PS I'm not trying to find a way out of this as I know I've messed up. Share this post Link to post Share on other sites Share this content via...
willman 10 #2 Posted January 18, 2018 https://www.gov.uk/child-benefit-tax-calculator there you go. Share this post Link to post Share on other sites Share this content via...