HMRC says 'don't miss out' as people can claim up to £1,331

HM Revenue and Customs (HMRC) is warning people not to "miss out" on payments worth up to £1,331 each year.

The government department is responsible for the collection of taxes, as well as the payment of some benefits. Child Benefit is one of these, and it is paid to the parents or guardians of children and, in some cases, young adults.

One parent per child can claim Child Benefit until the child turns 16, or until they turn 20 as long as they are still in approved education or training during this period. New Child Benefit rates came into effect earlier this month and a parent or carer can claim £25.60 for their eldest or only child, and £16.95 for each additional child, per week.

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There is no limit to how many children you can claim for and the benefit is usually paid every four weeks. You can apply as soon as your child is born.

In a new post on X, formerly Twitter, on Wednesday HMRC said: "Got a newborn? Don't miss out on up to £1,331 a year with Child Benefit.

"Apply online to get your first payment in as little as three days."

If either you or your partner earns £60,000 a year or more, you may have to pay a High Income Child Benefit Charge. In this case you can choose to either receive the payments and pay any charge at the end of each tax year, or opt out of the benefit altogether.

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