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Daily Mirror
Daily Mirror
Business
Sam Barker

Child Benefit warning as 1.6million working families asked to repay thousands to HMRC

High-earning parents claiming Child Benefit could be hit with big tax bills in just weeks - and many are completely unaware.

More than a million families are being warned they could have to pay big bill for claiming Child Benefit over the next financial year, which starts in April.

Finance experts say this little-known issue centres on what's known as High Income Child Benefit Charge (HICBC), which was introduced in January 2013.

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