Child Benefit is set to increase this year and it's more than triple last year's hike.
The payment is made to people who are responsible for bringing up a child under 16 or a young person under 20, if they are still in full-time education or on certain approved training courses.
The only exception is if that person, or their partner, earns more than £50k a year, in which case they need to pay some back as income tax. And if they earn over £60k, they need to give it all back.
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Paid every four weeks to parents - or weekly if they're a single parent or on other benefits like Income Support - it's a huge help for families who are increasingly struggling to make ends meet.
And with the cost of living rising dramatically right now, the payment has become even more vital for households.
At the moment they get £21.80 a week for the first child and £14.45 a week for any additional children.
The rises coming in April will take those up to £24 and £15.90 respectively.
While we're not talking huge figures, the rises - of £2.20 and £1.45 a week are more than triple what last year's were - at 65p for first children and 45p for subsequent.
The increases mean the regular four-weekly payments will now be £96 for one child and £63.60 for additional children.
Find out more about the Child Benefit payments on the government website here.
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