Thousands of parents have been urged in Britain Make sure they are claiming a profit Price of £ 1,354 per year as a significant time limit.
Child benefits are paid to millions of parents To help the cost of raising a child in the UK. It automatically stops after the child becomes 16 years old – but it can be extended if they are still in education.
HMRC Warned everyone Guardian Which may be eligible for an extension to apply by the deadline of 31 August, otherwise they may miss.
The benefits will not be automatically paid, so it is the responsibility of the parents to update the tax authority.
To be eligible for an expansion, the exact criteria states that the child must be between the age of 16 and 19, and should be in school, college or any other recognized training course.
This can include:
- A-level or equal
- Tea level
- Scottish highrs
- NVQs and most business qualifications up to 3
- Home Education – If it began before your child’s 16 or 16 starts before it starts, if they have a statement of special educational requirements.
- Study program in England
- A pre-infiniteship
If the child is studying for a training course as a university degree, a training, or part of a job contract, their parents will not be eligible for a child profit expansion.
The support is for £ 26.05 per week, or £ 1,354.60 per year, for the largest or only child. For any extra ChildrenIt is £ 17.25 in a week, or £ 897 per year.
If a child lives in education from 16 to 19, it is a benefit of three years, or £ 4,063.80. It is automatic Payments are made in bank accounts every four weeks.
HMRC said it sent letters to parents in May and July and reminded them of going online and confirming them whether their child is in education.
Get a free partial stock for up to £ 100.
Capital at risk.
terms and Conditions apply.
Advertisement
Get a free partial stock for up to £ 100.
Capital at risk.
terms and Conditions apply.
Advertisement
For those who did not receive a letter, or have wrong it, they can still do it Reach HMRC webpage to expandParents need to ensure that they need to join hands with their government’s gateway ID and password, or establish an account. The HMRC app can also be used.
Parents should be aware of the ‘high-or-age child profit fee’ rule, which means that if the income of a parent is above £ 60,000, they will be responsible for paying tax fees. It effectively withdraws payment at a rate of one percent for each £ 200 earned at the threshold, which means that it is completely lost if either the parents earn £ 80,000.
Earlier this month, obtained by data sky News Showed that 214,000 parents are eligible for child benefits This is not claimingWith additional income, a non-functioning parents will automatically get the National Insurance Credit if they claim child benefits for a child under 12 years of age.
This credit will be counted towards a state pension, which will reduce the amount of time spent in the work for the creation of national insurance contribution.
A person requires 35 years of national insurance contribution to get full state pension in retirement.
The government announced last week that it would tighten the people who have left the country and are Child profit is no longer entitled to pay,
Cabinet Office Minister Georgia Gold said: “This government is claiming to have a stay for those when they are not eligible to do so. Since September, we will have crores of taxpayers’ millions of pounds of money. If you are claiming that you are not taking advantage, then you are not entitled, your time.”
