{"id":83222,"date":"2023-12-17T16:06:50","date_gmt":"2023-12-17T16:06:50","guid":{"rendered":"https:\/\/posterboyedit.com\/?p=83222"},"modified":"2023-12-17T16:06:50","modified_gmt":"2023-12-17T16:06:50","slug":"seven-million-families-to-gain-from-huge-change-to-child-benefit-heres-what-it-means-for-you-the-sun","status":"publish","type":"post","link":"https:\/\/posterboyedit.com\/lifestyle\/seven-million-families-to-gain-from-huge-change-to-child-benefit-heres-what-it-means-for-you-the-sun\/","title":{"rendered":"Seven million families to gain from huge change to child benefit – here's what it means for you | The Sun"},"content":{"rendered":"

MILLIONS of families can now benefit from a huge change to child benefit.<\/p>\n

The HMRC, which pays the benefit, has updated its smartphone app and introduced a child benefit section.<\/p>\n

<\/p>\n

Child benefit customers now view and update their bank account details quickly and easily using the\u00a0HMRC app.<\/p>\n

They can also\u00a0report changes that affect their payments\u00a0to\u00a0Gov.UK.<\/p>\n

It means that customers are no longer forced to sit and wait to speak to an operator through the HMRC hotline.<\/p>\n

In the app, customers can go to the child benefit section and select "change bank details".\u202f<\/p>\n

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Using the new online service, customers' bank details can be viewed and updated instantly with no need to contact HMRC.<\/p>\n

But if you do change your bank account details, payments that are due within three days will be credited to your previously listed bank account.\u202f<\/p>\n

There are two steps you need to take to use the HMRC app for the first time.<\/p>\n

Once set up, customers can log in using a pin, fingerprint or with facial\u202frecognition.<\/p>\n

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You can download the free HMRC app\u00a0from the\u00a0App Store\u202ffor iOS\u202for the\u00a0Google Play Store\u202ffor Android.<\/p>\n

Once installed, follow the instructions on the screen to complete the app settings.<\/p>\n

Customers will be asked to sign into their account and can sign in or register on the same sign-in page if they have not used HMRC's online services before.\u202f<\/p>\n

What is child benefit and who is eligible?<\/h2>\n

Child benefit is paid to\u00a0parents\u00a0to help with the costs of childcare.<\/p>\n

Payments are usually made to you from the government every four weeks.<\/p>\n

By claiming child benefit you also get\u00a0National Insurance\u00a0credits that count towards your\u00a0state pension.<\/p>\n

There are two different rates for child benefit.<\/p>\n

Currently, parents can claim \u00a324 per week for their first or only child – \u00a396 a month and \u00a31,248 a year.<\/p>\n

For any additional children they can claim an extra \u00a315.90 a week per child – \u00a363.60 a month and \u00a3826.80 a year.<\/p>\n

You normally qualify for child benefit if you live in the UK and are responsible for a child under 16.<\/p>\n

But you can also claim the support for a child under 20 if they are in approved education or training.<\/p>\n

When two or more people share the responsibility of caring for a child, it can only be claimed by one person.<\/p>\n

You'll be responsible for a child if you live with them or you are paying at least the same amount as child benefit towards looking after them.<\/p>\n

This might mean you are paying the equivalent amount of child benefit on\u00a0food, clothes or pocket\u00a0money.<\/p>\n

You should bear in mind, eligibility changes if a child goes into\u00a0hospital\u00a0or care and if your child starts to live with someone else.<\/p>\n

Usually, you get child benefit for eight weeks after your child goes to live with a friend or relative – as long as they don't make a claim.<\/p>\n

But it can continue for longer if you make contributions to your child's upkeep.<\/p>\n

Foster parents can also claim child benefit, as long as the council is not paying anything towards their accommodation or maintenance.<\/p>\n

Legal\u00a0guardians or parents adopting a child can also apply for the benefit, but the child has to be living with them.<\/p>\n

You will only be able to claim for a short period of time if you leave the UK, for example if you go on holiday or for medical treatment.<\/p>\n

For anyone not sure about eligibility, you can contact the Child Benefit Office.<\/p>\n

What is the high income child benefit charge?<\/h2>\n

If either parent or carer starts earning over \u00a350,000, they have to start paying the high income child benefit charge.<\/p>\n

This means you have to pay back 1 per cent of your child benefit for every \u00a3100 of income earned over the \u00a350,000 threshold.<\/p>\n

Once you reach \u00a360,000 of yearly income you have to repay the full amount of child benefit received.<\/p>\n

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It's up to parents to notify HMRC if they are liable for the charge and they must file a self-assessment\u00a0tax\u00a0return to pay it.<\/p>\n

Source: Read Full Article<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

MILLIONS of families can now benefit from a huge change to child benefit. The HMRC, which pays the benefit, has updated its smartphone app and introduced a child benefit section. Child benefit customers now view and update their bank account details quickly and easily using the\u00a0HMRC app. They can also\u00a0report changes that affect their payments\u00a0to\u00a0Gov.UK.…<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[],"yoast_head":"\nSeven million families to gain from huge change to child benefit - here's what it means for you | The Sun - posterboyedit<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/posterboyedit.com\/lifestyle\/seven-million-families-to-gain-from-huge-change-to-child-benefit-heres-what-it-means-for-you-the-sun\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Seven million families to gain from huge change to child benefit - here's what it means for you | The Sun - posterboyedit\" \/>\n<meta property=\"og:description\" content=\"MILLIONS of families can now benefit from a huge change to child benefit. 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