Martin Lewis is urging families to make sure they are not missing out on Child Benefit payments or the valuable National Insurance credits attached to the monthly payment. During his latest BBC Radio 5 Live Podcast, the consumer champion told listeners how a new report has revealed that a staggering 750,000 families are missing out on more than £2,000 a year, on average.
The figures come from newly published analysis from Policy in Practice. The think tank revealed that nearly £19 billion is being left unclaimed by millions of people across Great Britain on means-tested benefits and social tariffs including universal Credit, Pension Credit, Carer’s Allowance and Child Benefit.
Martin warned that simply registering a child’s birth is not enough to trigger Child Benefit payments and that parents who previously earned more than the £60,000 threshold may have seen their circumstances change and would now qualify. But even if you are over the threshold, you could also be missing out on valuable State Pension contributions.
