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HM Revenue & Customs (HMRC) have confirmed that Child Benefit rates increased on 6 April 2024.
A family with one child will now receive up to £1,331 a year and up to £881 a year for each additional child.
Payments are made to families on a 4-weekly basis and paid directly into their bank account. Families with ongoing claims do not need to do anything as the payment amount will be automatically increased.
Parents with newborn babies need to make a claim online to start receiving Child Benefit. Claims can only be backdated by a maximum of three months.
See: https://www.gov.uk/government/news/what-the-child-benefit-rate-rise-means-for-you
08 Apr 2024
HMRC's decision to halt its plans to restrict taxpayer helplines and direct people to online services instead has been met with relief by the Federation of Small Businesses (FSB).
The Chancellor made further changes to National Insurance contributions (NICs) following the cuts made in the Autumn Statement 2023.
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