Child Benefit is available to the parents or guardians of children, teenagers and young adults.
It is not a means-tested benefit so income below £50,000 and savings do not impact the amount a person receives and you do not need to have paid any National Insurance contributions to get it.
It is a payment made to people responsible for bringing up a child aged below 16 - or a young person under 20 if they are still in full time training or on certain approved training courses - as the Daily Record reports.
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There is no limit for how many children a parent or guardian can claim for and the benefit is paid every four weeks, either on a Monday or a Tuesday.
A new set of rates will be introduced when the new financial year starts next month for those receiving benefits from the Department for Work and Pensions (DWP).
HM Revenue and Customs (HMRC) confirmed changes to Child Benefit and Guardian's Allowance payments will come in from April 11, 2022 - and we have rounded up the new rates below.
Child Benefit payment rates for 2022/23
There are two Child Benefit rates in place.
Current rates per week
- Eldest or only child - £21.15
- Additional children - £14.00
New rates per week - from April 2022
- Eldest or only child - £21.80
- Additional children - £14.45
How much is the increase?
This is an increase of 65p and 45p respectively per week and means the new, regular four-weekly payments will be £87.20 for an eldest or only child and £56.00 for any additional children.
Over the next financial year, this means parents will receive an additional £33.80 and £23.40 respectively.
Guardian's Allowance rates from April
The new weekly rate for Guardian's Allowance will be £18.55 - an increase of 55p on the current 2021/22 rate of £18.00.
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