MyFamily&Benefits
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MyPensionOptimiser
Optimising your pension? Pay less tax.
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MyPensionReclaim
Missed salary sacrifice? Get it back.
MyPensionTop-Up
The government helps pay for it.
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MyFamily&Benefits
Paying the Child Benefit charge? Reduce it.
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MySelfAssessment
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MyPayPicture

Paying the Child Benefit charge?
You can reduce it.

See how pension contributions can reduce your adjusted net income and protect your Child Benefit.

1Your Household
2Your Position
3Optimise
Your household

Enter your details to see your Child Benefit position and what you could be missing out on.

£

The Child Benefit charge is based on the highest earner's adjusted net income.

iWhat is the High Income charge?

If the highest earner in your household has an adjusted net income above £60,000, HMRC charges a tax called the High Income Child Benefit Charge (HICBC). It gradually claws back Child Benefit between £60,000 and £80,000 — above £80,000 it's fully withdrawn. Pension contributions reduce your adjusted net income, which can reduce or eliminate the charge.

£
iWhat are the current Child Benefit rates?

Child Benefit is paid to one parent or guardian for children under 16 (or under 20 in approved education). From April 2024:

First child£25.60/wk · £1,331/yr
Each additional child£16.95/wk · £881/yr
2 children£2,212/yr
3 children£3,093/yr
1
child
£

Include salary sacrifice contributions — these reduce your adjusted net income.

iHow do pension contributions help?

Salary sacrifice pension contributions reduce your adjusted net income — the figure HMRC uses to calculate both the High Income Child Benefit Charge and Tax-Free Childcare eligibility. Increasing contributions could reduce or eliminate the charge without losing the money — it goes into your pension instead.

£

Paid to registered providers — nursery, childminder, after-school clubs.

iWhat is Tax-Free Childcare?

Tax-Free Childcare (TFC) is a separate government scheme. For every £8 you pay into a TFC account, the government adds £2 — up to £500 per child per quarter (£2,000/year per child). It applies to children under 11 in registered childcare.

Either parent earning over £100,000 makes the household ineligible. Pension contributions can reduce income below this threshold and restore entitlement.

TFC applies to children under 11. Used to calculate eligible children.

Yes
No / Single parent
Your benefit position

Here's how your household income compares to the thresholds and what you're currently entitled to.

Adjusted net income vs thresholds
Highest earner after pension contributions
Full benefit
Under £60k
Taper zone
£60k–£80k
Benefit lost
Over £80k
Child Benefit entitlement
per year
Currently losing
per year
TFC top-up
govt adds per year
Adjusted income
highest earner

How the 2024 thresholds work

From April 2024 the taper thresholds changed: the charge now starts at £60,000 (previously £50,000) and Child Benefit is fully withdrawn at £80,000 (previously £60,000). Between these figures, you lose 1% of the benefit for every £200 of income above £60,000.

Illustrative optimisation

Model how increasing pension contributions could reduce your adjusted net income and restore benefits.

Could pension contributions help?
This is an illustrative scenario. Move the slider to model the effect of additional salary sacrifice contributions on your benefits and tax position.
£0£30,000
Move the slider to model a scenario
Illustrative scenario only. Actual results depend on your full tax position, pension scheme rules, and other income. This does not constitute financial advice.

Next steps

If you think you could benefit from increasing pension contributions, speak to your employer's HR team about salary sacrifice, or consult a qualified financial adviser who can model your full tax position accurately.

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Ask MyPayPicture Assistant
MyPayPicture Assistant
General information only · Not financial advice
Am I affected by the High Income charge?
How does Tax-Free Childcare work?
Can pension contributions help?
What are the 2024 thresholds?