It is essential to renew claims as money is not paid automatically. For parents of 16 to 19 year olds in approved education or training who have not yet extended their claim, child benefit payments will stop from 1 September.
The benefit is paid for children who are studying full time in schools and colleges, including for A levels, Scottish Highers, T levels, NVQs up to level 3 and International Baccalaureate, for example.
It is very easy to renew a claim online on gov.uk or via the HMRC app as long as you have a Government Gateway user ID and password. The deadline is 31 August to ensure no break in payments.
The earnings cap for HICBC has been raised to £60,000 from April 2024, so any higher earner needs to reclaim the benefit to ensure they receive payments they are entitled to.
Child benefit is worth up to £1,331 a year for the first or only child, and up to £881 a year for a second child. There is a two-child cap so a third child or more does not receive the benefit in most instances.