Millions of families who claim Child Benefit are being warned they could face having to pay some or all of the money back to HMRC.
As of August 2021, almost eight million families were in receipt of the benefit, which currently amounts to a weekly allowance of £21.80 for an eldest child, and £14.45 per week for any additional children.
However hundreds of thousands of parents end up having to pay back some or all of their child benefit every year to HMRC, or end up being slapped with a fine because of an innocent mistake, MyLondon reports.
