Since 1977, families claiming Child Benefit had to fill out a paper form, post it, and wait as long as 16 weeks for their first payment. Now, the quick and easy claims process takes about 10 minutes and payments could be made in as little as 3 days.
Child Benefit is worth £24 a week – or £1,248 a year – for the oldest, or only child. The rate for each additional child is £15.90 a week – or almost £827 a year. Claims can be backdated for up to 12 weeks and families are encouraged to apply as soon as possible.
Claiming Child Benefit means that the parent will receive National Insurance credits which count towards their State Pension. It also means their child will automatically receive a National Insurance number when they turn 16 years old, which they will need for key milestones including getting their first job, taking a driving test and applying for university finance.
Always be aware of the impact of the High Income Child Benefit Charge if your income is over £50,000. If you need help, our F&F team are happy to help.