Your family’s budget may be greatly improved by claiming Child Benefit. Don’t wait until the baby is three months old to lodge your claim if you recently gave birth. UK Child Benefit Payments Claims 2024 can be made at any time, but it’s advisable to do so as soon as your child is born or moves in with you. If you recently gave birth, you must register the birth before you may make a claim.
For a maximum of three months, your Child Benefit will be retroactively applied to the child’s birthdate, ensuring that you never lose out on payments. It is crucial that you apply even if you believe you will not be eligible for anything, since this will prevent you from losing out on other benefits.
UK Child Benefit Payments
Parents of children under 16 years old in the UK are UK Child Benefit Payments 2024 Eligible to receive. For child between the ages of 16 and 17, who are enrolled full-time in school or receiving training, this benefit is given once a month. Child Benefit may still be claimed if you or your spouse makes more than £60,000 before taxes. It will be necessary for you to repay a portion (or the entirety) of your Child Benefit through additional Income Tax.
For every £200 over £60,000 that you earn, you will have to repay 1% of your family’s Child Benefit. You’ll be required to refund your entire Child Benefit in additional Income Tax if you both make more than £80,000 annually. Your “adjusted net income is what HMRC looks at, regardless of how much money you make. Everything you pay for through salary sacrifice is not included in this compensation, which is subject to taxes.
UK Child Benefit Amount 2024
As a parent of a child up to 16 years old, you are eligible to claim the child benefit every four weeks. The first child costs about £20.70, while subsequent children cost about £13.70. Every month in the beginning, an amount is received.
| Family | Benefits |
| With one child | £140 per month |
| With Two child | £280 per month |
| With three child | £420 per month |
| With four child | £560 per month |
Who can claim Child Benefit?
Regardless of whether you work or have funds, you can receive child Benefit for every child you are responsible for. You can make a claim even if you are not their parent. For every child, you are able to claim:
- Younger than 16
- If they are enrolled in authorized full-time training or study, under 20 years old.
The following personal information and documents are required:
- The National Insurance (NI) number that you and your partner have You may apply for an NI number on GOV.UK if you don’t already have one.
- Your yearly salary on average before taxes
- The details of your Post Office, Bank, or Building Society account
- Child Benefit figures for the other children you have These will appear on your HMRC benefit letters if you’re claiming for more than one child.
What after this process?
- If your child continues in study or training, you may continue to receive child Benefit until August 31 of that year, or until your child turns 20.
- Your child will get a letter from HMRC asking if they plan to continue their education or training when they become 16 years old. In order to maintain receiving Child Benefit, you must respond to this letter.
- You should notify HMRC of any changes to your family circumstances, such as your child moving out or you divorcing your partner.
- You have to pay more taxes if you or your spouse earn more than £50,000 yearly.
Why should you claim Child Benefit
The following benefits might be lost if you don’t make a claim:
- Additional perks like Guardian’s Allowance (which you can get if you’re raising a child whose parents have passed away). Getting a NIN for your child automatically before they turn 16.
- If you or your spouse make more than the £60,000 tax-free maximum and you don’t think you’ll be eligible for anything, it’s still worthwhile to file a claim. In order to avoid losing out on National Insurance credits, do this. You both have the option to refuse the payments if your combined income exceeds £80,000. You will receive the entitlements without incurring the tax fee.
UK Child Benefit Payments 2024 Latest Update
The government raised the maximum income before you begin to forfeit child assistance in the 2024 Budget. In the past, if one parent made more than £60,000, it was completely taken away. The amount has been raised to £80,000. It is not going to be cut until one parent’s income surpasses £60,000, which is an increase from £50,000.
However, child benefit will be lowered and eliminated fully for single parents in households with one parent earning slightly more than £60,000. The proposal regarding allowing HMRC to get data about all the people living in the child’s home was also announced by former Chancellor Jeremy Hunt in the Budget. This would involve basing child benefit claims, starting in April 2026, on the entire household income rather than the highest earner’s pay. This change has been well praised.
Arthur Leopold is the CEO of SWF Media Company, with 11 years of experience in journalism. He holds an MBA in Finance and a degree in Mass Communication.