News

Thousands of families missing out on Child Benefit

1 min read Communication
Figures have revealed that over 6.9m families in the UK are receiving Child Benefit, but only 71 per cent of new parents claim Child Benefit for their baby in the first year. This means thousands of families may be missing out on financial support.

HM Revenue and Customs (HMRC) has reminded parents to claim Child Benefit, which can boost their family finances by over £1,300 a year if they have one child, or by a further £881 a year for each additional child.

Who can claim?

Parents, guardians or carers can claim Child Benefit if they are responsible for bringing up a child under 16 or under 20 if they are in approved training or education.

Currently, 86 per cent of claimants are women. However, either parent can make the claim.

The parent who claims will also receive National Insurance credits, which count towards their State Pension.

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