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.
