HMRC has issued a warning to households with children aged 16 to 19, born between 2007 and 2010, ahead of Child Benefit payments ending. The tax authority, part of the Labour government, says mums and dads should extend Child Benefit for their teenagers before 31 August.
Deadline for extending Child Benefit
Parents have until 31 August to extend Child Benefit for their 16 to 19-year-olds who are continuing in non-advanced approved education or training. This comes ahead of GCSE results on Thursday 20 August, when hundreds of thousands of teenagers will receive their results and start planning their next steps. For families whose teenager is staying in non-advanced approved education or training, Child Benefit can continue.
How much is Child Benefit worth?
Child Benefit is worth up to £1,406.60 a year for the eldest or only child, and up to £930.80 a year for each additional child, totalling £2,337 for two children. Myrtle Lloyd, HMRC’s Chief Customer Officer, said: "Exam results season is a big moment for teenagers deciding their next steps, and it’s the perfect time for parents to confirm those plans with us. Child Benefit is a vital source of support for many families and we don’t want anyone to miss out. It only takes a few minutes using the HMRC app or GOV.UK, so make sure you’re receiving the payments you’re entitled to."
What counts as approved education?
Child Benefit continues for children in full-time, non-advanced education, including A levels, T levels, Scottish Highers, NVQs up to level 3, and certain approved training schemes. Parents whose child’s plans change, for example if they leave education or start a paid apprenticeship, must tell HMRC straight away to avoid being overpaid.
High Income Child Benefit Charge
If a Child Benefit claimant or their partner has an individual adjusted net income of more than £60,000, the higher earner may need to pay the High Income Child Benefit Charge (HICBC). Use the Child Benefit tax calculator on GOV.UK to find out how much HICBC to pay. Eligible parents can pay through their PAYE tax code using the HICBC digital service, or through Self Assessment.
