Imminent arrival: the child benefit income tax charge

Remember the abolition of the 10% tax band? The initial announcement did not really capture the headlines, it was only when it was due to be implemented that people really started to think about what it would mean for them. We are only months away from the introduction of the new child benefit income tax charge and I wonder whether we will see a similar reaction when this tax comes into effect next January? Even according to government figures, the tax will affect 1.2 million families. In the last Budget, the chancellor of the exchequer set out how the child benefit income tax charge ...