Aug 21, 2024, 9:46 AM
Aug 21, 2024, 9:46 AM

Parents Warned to Claim Child Benefit

Highlights
  • HMRC issues a two-week warning for parents to claim child benefit for 16 to 19-year-olds in education.
  • Failure to inform HMRC may result in losing child benefit.
  • Parents urged to act promptly to avoid any financial impacts.
Story

Parents of teenagers aged 16 to 19 are facing a critical deadline as HMRC warns them to confirm their child's continued education status by August 31 to avoid losing child benefit payments. With GCSE results being released this week, many students are making pivotal decisions regarding their educational paths, which could impact their families' financial support. To maintain eligibility for child benefit, parents must ensure their child is enrolled in approved full-time education or training, defined as more than 12 hours of study per week. This includes various programs such as A-levels, Scottish Highers, and the International Baccalaureate. The financial implications are significant, with benefits amounting to £1,331 annually for the first child and £881 for each additional child. As the deadline approaches, over 522,000 parents have already taken steps to extend their claims, highlighting the importance of timely communication with HMRC. The tax office emphasizes that failure to report a child's educational status could result in the loss of these crucial benefits, which many families rely on. Parents are encouraged to act swiftly to ensure their claims are updated, as the decisions made by their children in the coming days will determine their eligibility for continued financial support. The urgency of this situation underscores the intersection of education choices and family finances in the wake of GCSE results.

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