HM Revenue and Customs (HMRC) has issued a final warning to parents and carers of 16 to 19-year-olds that they have only a few days left to confirm whether their teenager is staying in full-time education or approved training - if they fail to do so, Child Benefit payments will stop at the end of August.
HMRC has written to 1.3 million parents and carers of children, who are in the last year of school or education, to remind them to update their Child Benefit records. However, while more than 600,000 people have responded to the correspondence, nearly 700,000 are now at risk of losing their payments if they do not take action before Wednesday, August 31.
While young people are considering their future beyond their Scottish National Certificate or GCSE results, it is crucial that parents and carers update their Child Benefit records by the deadline this week or they could lose out on payments worth £21.80 per week for a first child and £14.45 for each additional child.