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GoodToKnow
GoodToKnow
Lifestyle
Sue Hayward

What is child benefit, am I eligible and how much could I get? New rates for 2024 explained

Family mixing cookie dough at home.

Understanding what child benefit is and whether you can claim it has never been more important, especially as living costs remain high. And now that the rates have gone up, it's vital to know how much child benefit you are entitled to. 

If you are worried about how much it costs to raise a child or the fact that average childcare costs are spiralling, it’s vital that you’re claiming all the benefits you’re entitled to. And child benefit payments can give your family budget a much-needed boost. You could also see if you are eligible for 30-hours free childcare or the tax-free childcare allowance. 

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