# Income Tax (Earnings and Pensions) Act 2003, Section 681C: The amount of the charge


(1) The amount of the high income child benefit charge to which a person (“P”) is liable for a tax year is the appropriate percentage of the total of—
(a) any amounts in relation to which condition A is met, and
(b) any amounts in relation to which condition B is met.
For conditions A and B, see section 681B.
(2) “The appropriate percentage” is—
(a) 100%, or
(b) if less, the percentage determined by the formula—
ANI – L X %Where—
ANI is P's adjusted net income for the tax year;
L is £60,000;
X is £200.
(3) If—
(a) the total of the amounts mentioned in paragraphs (a) and (b) of subsection (1), or the amount of the charge determined under that subsection, is not a whole number of pounds, or
(b) the percentage determined under subsection (2)(b) is not a whole number,
it is to be rounded down to the nearest whole number.

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Source: https://www.legislation.gov.uk/ukpga/2003/1/section/681C (the official version)
Page: https://openlegislation.uk/income-tax-earnings-and-pensions-act-2003/section-681C
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.