Child Benefit payments are rising this month - here are the new weekly rates

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Child Benefit payments are rising this month - here are the new weekly rates
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Child Benefit payments are usually paid every four weeks in arrears

HM Revenue and Customs has published the new weekly payment rates for people claiming Child Benefit or Guardian’s Allowance, which will come into effect next month. The guidance was published on GOV.UK following Chancellor Jeremy Hunt's announcement in the Spring Budget on March 15 that State Pension and benefits will increase by 10.1 per cent from April.

Child Benefit payment rates for 2023/24 How much is the increase? This is an increase of £2.20 and £1.45 respectively per week and means the new, regular four-weekly payments will be £96.00 for an eldest or only child and £63.60 for any additional children . Top Money Stories Today How is Child Benefit and Guardian's Allowance paid? The payments come through every four weeks in arrears on a Monday or a Tuesday and the claimant will also be awarded National Insurance credits which can count towards their State Pension.

What else you need to know There is no limit on how many children can be claimed for, but only one person can receive Child Benefit.

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