HM Revenue and Customs (HMRC) is warning parents and carers of 16 to 19-year-olds that they have just one week 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 this month.
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 within the next few days.
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 August 31, 2022 or lose out on payments worth £21.80 per week for a first child and £14.45 for each additional child.
