Rishi Sunak has revealed he will retain the two-child benefit cap if the Conservatives win the next election.

The policy limits the benefits parents can claim for their children on Universal Credit.

Writing in The Sun on Sunday, the Prime Minister said: “Working families are not having more children, and neither are their incomes.

“Families on welfare should be required to make the same financial decisions as families who support themselves solely by working.”

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Mr Sunak confirmed that a pledge to retain the cap, introduced in 2017, would appear in the Conservative election manifesto.

This is the second manifesto pledge the Conservatives have made public, the first being to maintain the triple lock on pensions.

According to reports, lifting the cap is expected to cost £1.5 billion.

Some Labor MPs and charities have called for the cap to be scrapped over the years, but Sir Keir Starmer has previously said the party would not overturn it under his leadership.

Child benefit is money paid to a parent or guardian who is responsible for raising a child.

There is no specific age requirement for a person to make a claim, and there is no means test.

It comes at two different rates: £24 per week for your oldest child and £15.90 per week for the other children.

However, if your income exceeds a certain amount, you may need to pay taxes.

Under current rules, if you or your partner’s personal income is £50,000 or more and you receive Child Benefit, you are responsible for paying High Income Child Benefit Tax.

The fee is equivalent to 1% of total child benefit for every £100 of income over £50,000.

Once you’ve earned £60,000, the fee is equal to all the benefits you received, so you get nothing.

However, Jeremy Hunt announced an increase in the spring budget thresholds to £60,000 (when you start losing money) and £80,000 (when you make nothing).

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From 6 April, Child Benefit will be charged 1% for every £200 earned over £60,000 (up to a maximum of £80,000).

Earlier this week, the Prime Minister said people People who are suitable for work but do not accept job offers Their benefits will be canceled after 12 months.

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Outlining his plans to reform the welfare system if the Conservatives win the next election, Mr Sunak said “unemployment support should be a safety net, not an option” as he pledged to “make sure hard work always pays off”.

Sunak said his government would introduce a package of measures in the next parliament that would be “more ambitious in helping people get back into work and be more honest about the risks of over-medicating everyday challenges and life worries”.