Recipients of Child Benefit are being warned over changes which could impact their payments. It comes after HM Revenue and Customs (HMRC) recently implemented the new weekly payment rates.
The changes impact people claiming Child Benefit or Guardian’s Allowance. The weekly payment is now worth £24.00 for an eldest or only child and £15.90 for additional children. The payment is made to people who are responsible for bringing up a child aged below 16 or a young person under 20, if they are still in full-time education or on certain approved training courses.
Household income below £50,000 or savings do not impact the amount a person receives and you do not need to have paid any National Insurance contributions to get it, Daily Record reports.
