Increase in Child Benefit rates

HM Revenue & Customs (HMRC) have confirmed that Child Benefit rates increased on 6 April 2024.

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

Exeter Living Awards Accounting and Tax Services for Landlords

© 2025 Peplows. All rights reserved.

We use cookies on this website, you can find more information about cookies here.

Peplows Limited Registered in England Company Number: 03133714. Regulated for a range of investment business activities by the ICAEW.
Registered Office: Moorgate House, King Street, Newton Abbot TQ12 2LG. A list of Directors is available at the Registered Office.
Peplows Audit Limited Registered in England Company Number: 16058884. Registered to carry on audit work in the UK by the ICAEW.
Registered Office: Moorgate House, King Street, Newton Abbot TQ12 2LG. A list of Directors is available at the Registered Office.
Details about our audit registration can be viewed at www.auditregister.org.uk, under reference number C011007443