Households urged to claim £1,354 HMRC cash boost | U.Ok.Finance News
Households with youngsters throughout the UK are being urged to prolong their Child Benefit earlier than August 31 to get a cash boost value £1,354 per 12 months.Child Benefit may be claimed by mother and father or guardians who’re chargeable for raising a baby below the age of 16, or below 20 in the event that they keep in accredited training or coaching. It is paid by HMRC each 4 weeks, both on a Monday or Tuesday, at a price of £26.05 per week for one baby, and £17.25 per week for every extra baby.The cost charges had been uplifted by 1.7% in April that means mother and father with one baby can at present get £1,354.60 per 12 months on the new price, whereas these with two kids can get an further £897 per 12 months, taking the entire to £2,251.50 yearly, and oldsters with three kids can get £3,148.50. But there’s no restrict – different than the Benefit Cap – which suggests if you happen to had 4 kids, or 5, and so forth, you can get even more than £3,148.50, with £897 for every extra baby.Parents with kids aged between 16 and 19 should affirm their baby’s continued training or coaching to proceed receiving funds from HMRC, and the deadline to accomplish that is August 31, 2025.Failure to affirm this, both online through the HMRC web site or by the HMRC app, will imply funds will routinely stop on this date.HMRC has been sending letters to mother and father to remind them to affirm their baby’s training or coaching standing between May and July and is urging those that have nonetheless but to full this to do it earlier than the deadline on the finish of this month.HMRC mentioned: “Parents of 16 to 19 year olds will receive reminders from HM Revenue and Customs (HMRC) to extend their Child Benefit claim by 31 August if their child is staying in education or training or payments will automatically stop. Child Benefit will automatically stop on 31 August on or after a child’s 16th birthday if it’s not extended.“Parents can extend their claim quickly and easily via the HMRC app or online on GOV.UK. The letters also contain a handy QR code which takes parents straight to the digital service on GOV.UK.”Child Benefit can proceed to be paid for younger people who’re finding out full time in non-advanced training, in addition to unpaid accredited coaching programs.If claimants or their associate has an particular person income of between £60,000 and £80,000, the upper earner might be subject to the High Income Child Benefit Charge.
Myrtle Lloyd, HMRC’s Director General for Customer Services, added: “Child Benefit is an important boost to families. As soon as you know what your teenager is planning to do, extend your claim in minutes to guarantee your payments continue in September. Simply go to GOV.UK or the HMRC app to confirm today.”
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