Overview

• Child Benefit payments will stop at the end of May for families whose children leave approved education or training this quarter.
• HMRC is encouraging households earning under £80,000 to claim Child Benefit, which provides up to £3,148 annually and counts toward National Insurance credits for state pensions.
• The High Income Child Benefit Charge threshold increased in April 2024, allowing households earning up to £60,000 to claim full benefits without repayment obligations.
• Working parents earning under £100,000 are being reminded to apply for Tax-Free Childcare, offering up to £2,000 per child annually, or £4,000 for children with disabilities.
• A new digital PAYE service for managing the High Income Child Benefit Charge is set to launch in summer 2025, streamlining compliance for affected families.