Don’t lose out on Child Benefit available to children in further education – Accountant in Wimbledon
Parents of children aged 16 to 19 who…
Increase in Child Benefit rates
HM Revenue & Customs (HMRC) have confirmed that Child Benefit rates increased on 6 April 2024.
A family with one child will now receive up to £1,331 a year and up to £881 a year for each additional child.
Payments are made to families on a 4-weekly basis and paid directly into their bank account. Families with ongoing claims do not need to do anything as the payment amount will be automatically increased.
Parents with newborn babies need to make a claim online to start receiving Child Benefit. Claims can only be backdated by a maximum of three months.
See: https://www.gov.uk/government/news/what-the-child-benefit-rate-rise-means-for-you