Posted in News Penalties for failing to declare child benefit on tax return plummet as Government eyes changes April 22, 2025 Higher earners who do not opt out of payments need to pay a tax charge at the end of the tax year and declare it on their self-assessment tax return or face a penalty. https://www.dailymail.co.uk/money/tax/article-14629359/Penalties-failing-declare-child-benefit-tax-return-plummet-Government-eyes-changes.html?ns_mchannel=rss&ns_campaign=1490&ito=1490