Child Benefit payments will likely stop for some parents and caregivers at the end of next month.
HM Revenue and Customs (HMRC) recently confirmed the new weekly payment rates for people claiming Child Benefit or Guardian’s Allowance, which will come into effect in April. It is a means-tested benefit, so household 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.
The benefit is paid every four weeks in arrears, with the payment now worth £24 for an eldest or only child, and £15.90 for additional children.
