- Last Updated: 01 April 2020
Following the introduction of the High Income Child Benefit Tax Charge (HICBC) on 6 January 2013, many higher rate taxpayers have to navigate the effects of several different tax bands during their tax planning. The marginal tax rate when income exceeds a band may be as high as 70% of income.
See Tax planning for income at marginal tax rates for strategies to avoid unexpected tax charges.
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