Parents hit with '£60,000' tax warning from HMRC

HMRC has issued a fresh warning to parentsRory Poulter10:43, 03 Aug 2026Millions of mums and dads are being cautioned they could face an unforeseen tax demand.‌HM Revenue & Customs (HMRC) has issued a new warning reminding households that breaching the £60,000 earnings threshold can activate the High Income Child Benefit Charge (HICBC), resulting in some or all of their Child Benefit needing to be returned. The alert arrives as salaries continue climbing for numerous employees, heightening the likelihood that parents who've never previously been affected by these regulations could now encounter an unexpected tax bill.‌In a statement shared on social media, HMRC said: "Attention parents! Recently had a pay rise? If you're now earning over £60k and you get Child Benefit you may need to pay s