Should I stop child benefit payments when my income gets to £50,000 – NO!
I speak to many people who ask, “Should I stop child benefit payments because my income is above £50,000?” as I know I’ll have to repay it. This £50,000 isn’t a cliff edge like tax bands. Instead, it tapers off gradually, as we say in the tax world. It stops at £60,000 and is only…