HMRC has confirmed that Child Benefit payments will increase in April this year. Payments for Guardian's Allowance top-ups have also been increased.
Child Benefit payments are available to those who are bringing up a child under the age of 16 or below the age of 20 if they are still in full-time education. Guardian's Allowance meanwhile, is paid to those bringing up a child whose parents have died and is paid tax-free on top of Child Benefit.
BirminghamLive has provided a breakdown of the new payment rates. The details of the increase in rates are shown below.