The financial year began back in April 2021, and it brought with it a number of payment changes for people and families all across the United Kingdom.
From April 12, State Pensions increased by 2.5 percent, while others provided by the Department for Work and Pensions (the DWP) rose by 0.5 percent.
One of those benefits to increase by 0.5 pc was Child Benefits.
Who can claim Child Benefits?
In the United Kingdom, as many as 7.28 million families received Child Benefit payments in 2020, with these helping to boost household income to support a family.
Generally, you qualify if you have a child under the age of 16 – or under 20 if they stay in approved education or training, live in the UK and earn under 50,000 pounds a year.
Is there a limit on the number of children you can claim Child Benefits for?
No, there is no limit to the number of children you can claim Child Benefits for.
Breakdown of Child Benefit Payment Rates
Child Benefit payments are received every four weeks on either a Monday or Tuesday. As things stand, there are two rates.
In the past, claimants received 21.05 pounds per week for their eldest child and 13.95 for any child after that. But now those payments have increased to 21.15 pounds for the eldest, and to 14 pounds for other children. This means a monthly payment of 84.60 pounds for the eldest child and 56 pounds per month for others.
Other payment increases are seen by those who claim Guardian’s Allowance, which has increased by 10 pence from 17.90 pounds per week to 18 pounds.