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Child Benefit amount is changing for anyone who claims it from next month

From April, the amount people get paid in Child Benefit is changing.

Millions of people in the UK currently claim Child Benefit, and for many, it's a lifeline.

People will be happy to discover, then, that the amount they get paid is set to increase.

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The benefit is paid every four weeks, either on a Monday or a Tuesday, and there is no limit to how many children a parent or guardian can claim for.

It is also a means-tested benefit, so income below £50,000 and savings do not impact the amount a person receives and you do not need to have paid any National Insurance contributions to get it, says the Daily Record.

The new financial year starts on April 6 which brings about a whole host of payment changes for those receiving benefits from the Department for Work and Pensions (DWP).

These include:

State Pension payments are also administered by the DWP and will increase in April.

HM Revenue and Customs (HMRC) recently confirmed changes to Child Benefit and Guardian's Allowance payments from April 11, 2022, which are detailed below.

There are two Child Benefit rates in place.

This is an increase of 65p and 45p respectively per week and means the new, regular four-weekly payments will be £87.20 for an eldest or only child and £56.00 for any additional children.

Over the next financial year, this means parents will receive an additional £33.80 and £23.40 respectively.

The new weekly rate for Guardian's Allowance will be £18.55 - an increase of 55p on the current 2021/22 rate of £18.00.

The payments come through every four weeks on a Monday or a Tuesday and the claimant will also be awarded National Insurance

Read more on manchestereveningnews.co.uk