HMRC Reports Delays in Child Benefit Claims
Thousands of new parents do not claim child benefit before deadlines expire, Her Majesty's Revenue and Customs (HMRC) states. This situation means parents miss out on some of the money they could receive.
HMRC advises parents to submit their claim as soon as their child is born or comes to live with them. The benefit can be backdated for up to three months. If parents claim after this three-month window, they lose out on payments for the period between the three-month mark and their application date.
Child benefit provides £24 per week for the eldest or only child. For each additional child, the payment stands at £15.90 per week. Payments arrive every four weeks.
Claiming child benefit also offers other advantages. Parents receive National Insurance credits, which contribute to their State Pension. This occurs even if they do not work, provided the child is under 12 years old.
HMRC recommends claiming child benefit even if parents expect to pay the High Income Child Benefit Charge. This charge applies to individuals earning over £50,000 annually. The charge mandates repayment of some or all of the benefit received, depending on income levels.
Failing to claim means parents miss out on National Insurance credits. They also risk a lower State Pension in retirement. Individuals can opt out of receiving payments while continuing to receive the National Insurance credits.
Families can claim child benefit through the government's online portal or by post. The application requires the child's birth certificate or adoption certificate along with information regarding the claimant's income.
Related Topics
Article Ratings
How do you feel about this story?
National Desk
Sign in to follow this author from their profile.

Discussion (0)
Join the Conversation
No comments yet. Be the first to comment!