People who receive Child Benefit payments or Guardian’s Allowance are set to get more money from next year.
HM Revenue and Customs (HMRC) has published proposed new weekly payment rates, which will come into effect from April 2023. The guidance has been issued after Chancellor Jeremy Hunt confirmed that benefits would rise by 10.1% from next year.
Child Benefit is given 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. The benefit is paid every four weeks, either on a Monday or a Tuesday, and there is no limit to how many children a parent or guardian can claim for.