Part 10Social security income
F1CHAPTER 8High income child benefit charge
681BHigh income child benefit charge
(1)
A person (“P”) is liable to a charge to income tax for a tax year if—
(a)
P's adjusted net income for the year exceeds F2£60,000, and
(b)
one or both of conditions A and B are met.
(2)
The charge is to be known as a “high income child benefit charge”.
(3)
Condition A is that—
(a)
P is entitled to an amount in respect of child benefit for a week in the tax year, and
(b)
there is no other person who is a partner of P throughout the week and has an adjusted net income for the year which exceeds that of P.
(4)
Condition B is that—
(a)
a person (“Q”) other than P is entitled to an amount in respect of child benefit for a week in the tax year,
(b)
Q is a partner of P throughout the week, and
(c)
P has an adjusted net income for the year which exceeds that of Q.