Child Benefit payments due to stop for some parents and guardians next week

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Child Benefit payments due to stop for some parents and guardians next week
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If you fail to update your details in time, you may still be able to claim Child Benefit, but payments could be late.

Some parents and guardians have just over a week left to update their details to ensure Child Benefit payments will continue after an upcoming deadline on May 31. This affects those with a child aged 16 who had stayed in education or training, but has since left.

HMRC recently implemented the new weekly payment rates for people claiming Child Benefit or Guardian’s Allowance. Both benefits are means-tested, however, household income below £50,000 or savings do not impact the amount a person receives and you do not need to have paid any National Insurance contributions to get it.

Reasons Child Benefit could end If your Child Benefit payment amount changes and you’re not sure why, money experts at Income Tax have shared four possible reasons.

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