35,000 families will be told to pay back Child Benefit payments – here’s why

Over the next three years 35,000 families will need to start repaying their Child Benefit as frozen tax thresholds drag them into being classed as high earners. Many will have no idea they owe money until a letter from the taxman lands on their doorstep.

At present 324,000 families pay the High Income Child Benefit Charge (HICBC), effectively repaying some or all the Child Benefit they receive.