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MTD for ITSA: Mandation for businesses and landlords with income over £50,000 begins April 2026.
MTD for ITSA: Mandation for income over £30,000 begins April 2027.
FHL Abolition: The Furnished Holiday Lettings tax regime is officially abolished as of April 2025.
Non-Dom Reform: The remittance basis is replaced by a new 4-year foreign income and gains (FIG) regime.
Basis Period Reform: Full transition to the "tax year basis" for all unincorporated businesses is now in effect.
SDLT: Temporary Stamp Duty thresholds are set to revert to previous levels from April 2025.
Dividend Allowance: The tax-free dividend allowance remains at £500 for the current year.
Capital Gains: The Annual Exempt Amount is fixed at £3,000 for individuals and personal representatives.
MTD for ITSA: Mandation for businesses and landlords with income over £50,000 begins April 2026.
FHL Abolition: The Furnished Holiday Lettings tax regime is officially abolished as of April 2025.

2026/27 TAX YEAR IS HERE MTD FOR INCOME TAX NOW MANDATORY FOR LANDLORDS & SELF-EMPLOYED OVER £50K DIVIDEND TAX RATES INCREASED TO 10.75% & 35.75% — OPTIMISE YOUR PAYOUTS ADVANCED CALCULATORS FOR PROPERTY, CRYPTO, AND INHERITANCE TAX HERE

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    📅 Tax Year

    👤 Child Benefit Details

    £

    Use adjusted net income (total income less Gift Aid and pension contributions).

    £
    £

    How This Calculator Works

    👤 HICBC Calculation

    Calculates the High Income Child Benefit Charge where household income exceeds £60,000.

    📅 Year-by-Year

    Thresholds changed to £60,000–£80,000 in 2024/25. Calculator applies correct rules per year.

    📊 Clawback Rate

    Shows exactly what percentage of your benefit is clawed back through Self Assessment.

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    Frequently Asked Questions

    What is the High Income Child Benefit Charge?

    If either parent earns over £60,000 (2024/25+), a tax charge claws back Child Benefit at 1% for every £200 above £60,000. At £80,000 or more, 100% is clawed back.

    Should I opt out of Child Benefit if I earn over £80,000?

    If your adjusted net income exceeds £80,000, you can opt out of receiving Child Benefit to avoid the HICBC admin. However, always claim even if you opt out, as it protects your National Insurance record and pension entitlement.