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Child benefit is paid to help people with the costs of bringing up a child. Child Benefit is receivable by a person responsible for each child until they reach 16, or 19 years of their age, if they stay in education or training. If the person (or their spouse or partner) has ‘adjusted net income’ above £50,000 the person with the highest income has to pay some of the Child Benefit as a tax charge. Where ‘adjusted net income’ is more than £60,000 a year, the tax charge equals the Child Benefit received.
How to claim child benefit?
Who is eligible for child benefit?
Child benefit contributions can include
We offer a selection of simple, affordable ways to invest for your child’s future.
How much child benefit an Individual can get?
It can be increased up to £1,000 a year if you have one child and an extra £700 for second and further children.