Child Benefit: Don’t miss out, claim today
The importance of claiming Child Benefit
Updating HMRC may have fallen to the bottom of your to-do list now you have your hands full with a new-born. We can understand that. But it’s important you don’t delay claiming Child Benefit. There is more to Child Benefit than just the payments, claim today so your family don’t miss out.
If you have not been able to register the birth of your child because of coronavirus (COVID-19), you can still claim Child Benefit. You can backdate your Child Benefit claim for three months.
Claiming Child Benefit can give a boost to your family budget. Even if you think you won’t be entitled to payments, you should still apply so you don’t miss out on the other benefits.
How to claim Child Benefit
If this is your first child, complete and return Child Benefit claim form ch2. The address is on the form. If you haven’t registered the birth add a note with your claim to let us know.
If you already claim Child Benefit, you can complete the form or claim over the telephone on 0300 200 3100. You’ll need your National Insurance number or Child Benefit number.
What is Child Benefit?
Claiming Child Benefit will mean you can protect your state pension by helping you to get National Insurance credits until your child turns 12. If you are on maternity leave or take a break from work to look after your child, or do not earn enough to pay National Insurance contributions, Child Benefit can help you qualify for these credits so you don’t miss out.
Only one person can claim Child Benefit for a child. For couples with one person not working or paying National Insurance contributions, something as simple as making the claim in their name will help protect their State Pension.
Claiming Child Benefit will also help your child get their National Insurance number automatically at 16.
You can claim Child Benefit if you’re responsible for a child under 16 (or under 20 if they’re in approved education or training).
Child Benefit is paid at a weekly rate of £21.05 for the first child and £13.95 for each additional child.
High Income Child Benefit Charge
You may have heard of the ‘High Income Child Benefit Charge’ - it’s a tax charge which applies to anyone with an income over £50,000, who gets Child Benefit or whose partner gets it. Don’t let this put you off from claiming.
Even if you do have to pay the tax charge, you could still be better off by claiming Child Benefit. The charge increases gradually for people with incomes between £50,000 and £60,000. The tax is 1% of Child Benefit for each £100 of income over £50,000. If your income is over £60,000 the total HICBC will be equal to the Child Benefit you receive.
You can use the Child Benefit tax calculator to work out how much tax charge you may have to pay.
To pay the charge, the person with the highest income must complete a Self-Assessment tax return.
Alternatively, you can opt out of receiving Child Benefit payments when you claim, so you won’t have to pay the charge but will still protect your State Pension.
You can stop or restart receiving Child Benefit payments online if your finances change.