PARENTS are being urged to make a quick check on their child benefit – or risk an unexpected tax bill.
If a mum or dad is earning over £50,000, they must tell HMRC about the child benefit they get and pay a tax charge on it.
GettyParents are urged to register for self-assessment if they earn over a certain amount.[/caption]To avoid the fine, you need to file a tax return online by January 31, 2023.
But there’s an earlier deadline this week if you’ve never done self-assessment.