Weekly Tax Brief

In this edition of RSM’s weekly round-up of the most important tax news, we cover the latest developments. Keep up to date with the latest insights here.

The HMRC sledgehammer cracking the child benefit nut

In April, the threshold for the high income child benefit charge increased, a change which has been welcomed by many but numerous flaws in the system still exist. The associated complexity of the rules has led to many getting things wrong and places an additional burden on HMRC to police the system. Following a freedom of information request obtained by RSM UK, we can reveal the number of hours and the cost to the taxpayer in legal staff litigating these rules.

Chris Etherington

08 May 2024