Government financial authority, HMRC, sends immediate notices to approximately 1.5 million parents, warning them to take action to prevent a £1,354 payment from being discontinued before the new academic year commences.
Title: HMRC Warns 1.5 Million Parents: Don't Miss Out on Child Benefit Ahead of New School Year
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Struggling to make ends meet with your teenager's school expenses? You may be eligible for Child Benefit, worth up to £1,354 a year!
The fund offers up to £1,354 yearly for the first child, and £897 for each additional child. However, these payments automatically cease on August 31, unless parents timely renew their claim for their child's ongoing education
Parents, don't let your hard-earned cash slip away! Renew your Child Benefit claim if your child continues their education past 16. Here are the acceptable education schemes:
- A levels or similar, for example International Baccalaureate
- T levels
- Scottish Highers
- NVQs and most vocational qualifications up to level 3
- home education - if it started either before your child turned 16 or after 16 if they have a statement of special educational needs
- study programs in England
- a pre-apprenticeship
Your child must be enrolled in the course before turning 19 for payments to continue.
Worried about managing your claim? No sweat! HMRC has made it super-easy with a QR code on the letters delivered to parents. Simply scan the code with your mobile device, and you'll be directed straight to GOV.UK to update your claim online. You can also renew through the GOV.UK or HMRC app.
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HMRC's Director General for Customer Services, Myrtle Lloyd, encourages parents to renew their claims promptly to guarantee recurring payments in September. Don't forget to check with GOV.UK or the HMRC app as soon as you learn about your teenager's plans for next year.
So, what is Child Benefit?
Child Benefit is a support fund for parents or individuals responsible for a child under 16 or under 20 if they're in approved education or training. The goal is to help parents with childcare costs.
The benefit is distributed bi-weekly in the following rates:
- £26.05 per week for your eldest or only child
- £17.25 per week for each additional child
Payments typically occur every four weeks, on a Monday or Tuesday, but can occasionally be weekly. If you claim Child Benefit for a child under 12, you will also earn National Insurance (NI) credits. These credits contribute to your State Pension, so claiming Child Benefit can prove useful if you are lacking any NI years necessary for a full new State Pension (You need 35 qualifying years).
Who qualifies for Child Benefit?
You are considered a parent or responsible for a child if you live with them and contribute at least the equivalent Child Benefit rate towards their well-being, covering expenses such as food, clothes, and pocket money.
Circumstances may change if a child needs hospitalization, enters care, or starts living with someone else. For clarifications on eligibility, feel free to contact the Child Benefit office.
And if you're on the fence about receiving Child Benefit, remember - every little bit helps! You can contact the Child Benefit Office if you believe your claim might be over or underpaid.
Don't miss out on financial aid for your family! Stay informed to make the most of the benefits available to you. GOV.UK is your go-to resource for helpful information on Child Benefit, and many other government programs. 'Tis the season to secure your financial future!
- To assist with paying for your teenager's school expenses, consider applying for Child Benefit, a fund intended to help with childcare costs that can provide up to £1,354 annually for the first child, and £897 for each additional child.
- It's important to remember that your Child Benefit payments will stop on August 31 if you don't renew your claim for your child's continued education, especially if they are enrolled in an acceptable education scheme past the age of 16, like A levels or similar, T levels, or home education.
