Exciting News: Child Benefit Payments to Increase Starting Next Week!

Child Benefit payments are to increase from next week, it has been announced. Details of the payment increase were announced by HM Revenue and Customs (HMRC) in a statement issued on Tuesday morning, alongside a new YouTube video explaining how parents can claim.

Payment Details
The change will come into effect one week from today, on April 7, and will see the payment for the eldest or only child increase to £26.05 per week, and £17.25 per week for each additional child. There is no limit to how many children that parents can claim for.

Increased Support
The payments are worth £1,354.60 per year for the eldest or only child, and £897 for each additional child. The benefit is paid every four weeks and the increase will be automatically paid into a bank account.

Convenient Claiming
A spokesperson for HMRC said: "The quickest and easiest way for parents and carers to claim, view and manage Child Benefit payments is by downloading the free and secure HMRC app. A new function in the app means they get a notification once their claim is received and payment in as little as 3 days." Myrtle Lloyd, HMRC’s Director General for Customer Services, said: "Extra pounds count and Child Benefit can give your household budget a boost. Claiming online or managing your Child Benefit payments via the HMRC app is quick and easy so, if you haven’t already, go to GOV.UK to start your claim today."