Penalties for failing to declare child benefit on tax return plummet as Government eyes changes

Daily Mail // Business // Money

Penalties for failing to declare child benefit on tax return plummet as Government eyes changes

Tuesday 22nd April 2025, 8:40AM

Higher earners who do not opt out of payments need to pay a tax charge at the end of the tax year and declare it on their self-assessment tax return or face a penalty.

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