Child Benefit

The Child Benefit is a tax-exempt payment available for parents or guardians responsible for bringing up a child. You’re eligible to claim it if you bring up a child who’s either under 16 or under 20 and in education/training. It is important to note, however, that only one parent/guardian can claim the benefit per child, whether you are a married couple or single parents.

What counts as education/training?

See below a full list of HMRC’s approved education and training programmes:

  • A levels, Pre-U, International Baccalaureate
  • T levels
  • Scottish Highers
  • NVQs and other vocational qualifications up to level 3
  • Home education – if it started before your child turned 16
  • Home education – if your child has special needs
  • Traineeships in England
  • Foundation Apprenticeships or Traineeships in Wales
  • Employability Fund programmes in Scotland
  • United Youth Pilot (if started before 1 June 2017)
  • PEACE IV Children and Young People 2.1
  • Training for Success in Northern Ireland

How much is Child Benefit

The amount that you get is subject to change depending on the tax year. In the 2023/24 tax year, you can claim £24 a week for your first child, and £15.90 a week for each of your other children. You also get National Insurance credits that count towards your state pension.

But if you (or your partner) earn over £50,270 a year, you will need to pay some or even all of it back. Sound like a random figure? Well, £50,270 is the most you can earn before you’re taxed using the higher rate of Income Tax – 40%. This charge is called the High Income Child Benefit Charge.

Frequently Asked Questions

Search More Terms

News & Insights

2 days ago
HMRC disclosure support is often difficult to find. Especially when you aren’t even sure how much you owe on your tax ...
HMRC disclosure support is often difficult to find. Especially when you aren’t even sure how much you owe on your tax position. Making a HMRC voluntary disclosure always seems to be a daunting task to people. However, its one of...
2 weeks ago
Keeping up with corporate affairs for a limited company can be a challenge especially with the complex tax legislation, ...
Keeping up with corporate affairs for a limited company can be a challenge especially with the complex tax legislation, alongside the employment laws and reporting requirements. As such it may be a good idea to outsource your comp...
2 weeks ago
It can be complicated for UK company directors to navigate their personal tax affairs whilst running their business. Wit...
It can be complicated for UK company directors to navigate their personal tax affairs whilst running their business. With complexities such as having multiple income streams and complicated tax legislation, it may make sense to ou...
3 weeks ago
Running a limited company comes with its fair share of financial responsibilities. From keeping up with the latest tax r...
Running a limited company comes with its fair share of financial responsibilities. From keeping up with the latest tax regulations to ensuring you have enough cash to meet your liabilities for the month ahead, there’s a lot ...
4 weeks ago
You might believe that as a small company, you have limited things to worry about when it comes to preparing taxes, lead...
You might believe that as a small company, you have limited things to worry about when it comes to preparing taxes, leading you to do this yourself. If you know what you are doing and don’t make mistakes, there is nothing wrong ...
4 weeks ago
When looking for an small business accountant, the best place to start is by reviewing exactly what services you need no...
When looking for an small business accountant, the best place to start is by reviewing exactly what services you need now and in the future. If you are starting out as a small business, then it may not make sense for you to pick a...
1 month ago
Are you currently overlooking bookkeeping for your business? Do you know how bookkeeping can help take your business to ...
Are you currently overlooking bookkeeping for your business? Do you know how bookkeeping can help take your business to the next level? Are you trying to make key business decisions based on your outdated statutory accounts? This ...

Subscribe Now

Receive our latest news & insights directly to your fingertips.