Are you a parent missing out on £27 a week? Here's how to check
Thousands of new parents fail to claim child benefit until it is too late to receive some of the money, HMRC says.
The issue of unclaimed child benefit is a significant one, with thousands of new parents missing out on a substantial amount of money each year. According to HMRC, the average unclaimed amount is around £27 per week, which can add up to a considerable sum over time. This is a concern not only for the families who are missing out on this vital support but also for the government, which is ultimately responsible for ensuring that eligible families receive the benefits they are entitled to.
The child benefit is a tax-free payment made to parents or guardians who are responsible for a child or young person under the age of 16, or under 20 if they are in full-time education or training. The failure to claim this benefit in a timely manner can result in a loss of several hundred pounds, which could be used to support the child's care, education, and well-being. This highlights the importance of awareness and timely action, as parents who are eligible for child benefit should take steps to claim it as soon as possible.
As the government continues to review and update its welfare policies, it will be interesting to see how it addresses the issue of unclaimed child benefit. In the meantime, parents who are unsure about their eligibility or have not yet claimed child benefit should check the government's website or consult with a relevant authority to ensure they are not missing out on this vital support. Additionally, with the ongoing cost-of-living crisis, it is likely that many families will be looking to maximize their benefits and support, making it essential to stay informed about available resources and how to access them.
Originally reported by bbc.co.uk. MyNews adds analysis for general news readers.