Money Wellness
illustration of parents hugging their children in an embrace
category iconbenefits
calendar icon02 Apr 2024

The child benefit rate rise: what does it mean for you?

Child benefit rates go up on 6 April, this coming Saturday. Families who currently claim child benefit are automatically going to get increased payment of:

  • Families with one child will now get up to £1,331 a year
  • For any additional children, families can get up to £881

There isn’t a limit to how many children families can claim for, and parents will get £102.40 every 4 weeks (£25.60 per week) for the first or only child and £67.80 every 4 weeks (£16.95 per week) for each additional child.

What’s changed?

The child benefit rates have risen from:

  • £24.00 to £25.60 per week for the eldest or an only child
  • £15.90 to £16.95 per week for other children

This is an extra £83.20 per year for one child and an extra £54.60 for any additional children.

Families with ongoing claims do not need to contact HMRC, as the increased benefit payment will continue to be paid directly into their bank accounts.

Parents with a newborn baby are encouraged to make a claim online as soon as possible, and this means they could get their first payment in as little as three days.

The claims can also be backdated by a maximum of three months.

How do I claim child benefit?

To claim you’ll need to:

  • create a Government Gateway account, which requires identification proof.
  • when creating a new account, HMRC will send you an activation code via email. Once received, you can then apply online.

Parents and carers who cannot apply online can claim by post or claim by phone.

Check if you’re eligible.

Other HMRC changes:

  • From 6 April 2024, families where the highest earner has a salary of up to £60,000 a year will not be subject to the High Income Child Benefit Charge. Find out what this means for you.

 

Avatar of Lydia Bell-Jones

Lydia Bell-Jones

With a background in banking, Lydia has been writing professionally for over five years. She is passionate about helping people improve their personal finances and has a particular interest in the connection between money and mental health.

Related posts

benefits

27 Jul 2024

Benefit mistakes driving people into poverty

We’re talking to the BBC about the benefit mistakes driving people into poverty.

benefits

24 Jul 2024

You only have seven days left to renew your tax credits

Make sure you renew your tax credits by Wednesday 31 July.

benefits

22 Jul 2024

Help with childcare over the summer holidays

Find out what support you could get.

benefits

16 Jul 2024

Millions of families entitled to free summer holiday clubs

Find out if you could get free activity club places and food for your kids this summer