Thousands and thousands within the UK are being urged to resume their declare by the top of the month to verify funds proceed in September
Cash Saving Knowledgeable (MSE) has issued an August 31 deadline reminder to assist guarantee tens of millions throughout the UK get the cash they’re entitled to. In an alert posted on X, the location, based by finance professional Martin Lewis, urged mother and father with kids of a sure age to behave earlier than the top of the month.
“Little one turned 16 and in full-time training or coaching?” It stated. “Act NOW to keep away from shedding Little one Profit! To maintain getting your funds, contact HM Income & Customs by Sunday 31 August.”
Little one Profit is a fee supplied by HM Income and Customs (HMRC), the federal government division that handles tax assortment and profit funds. It’s the Authorities’s approach of recognising the bills related to elevating a toddler. It’s supplied month-to-month to those that are chargeable for kids below 16 years previous (or below 20 if they’re engaged in particular full-time training or unpaid coaching).
A press release on the Gov.uk web site reads: “As youngsters get their examination outcomes, mother and father are urged to resume their Little one Profit declare by 31 August for funds to proceed in September. Mother and father can rapidly and simply lengthen their Little one Profit declare through the HMRC app or on-line to ensure their funds.”
The quantity mother and father and guardians can get is ready at £1,355 yearly for the primary youngster and £897 annually for any extra kids. Ranging from April 2025, these numbers are based mostly on weekly charges of £26.05 for the primary youngster and £17.25 for every subsequent youngster. In case your revenue is £60,000 or much less, you might be eligible for Little one Profit.
In case your earnings fall between £60,000 and £80,000, you’ll incur a “high-income youngster profit cost,” which is able to lower your profit. For those who or your associate has an revenue exceeding £80,000, the cost can be equal to the whole quantity of Little one Profit you’ll usually get.
Weekly charges for 2025/26:
- First or solely youngster: £26.05 per week, or £1,354.60 per 12 months.
- Every extra youngster: £17.25 per week, or £897 per 12 months.
Instance of annual charges:
- One youngster: £26.05 x 52 weeks = £1,354.60 (or £1,355, rounded)
- Two kids: £26.05 + £17.25 = £43.30 per week. £43.30 x 52 weeks = £2,251.60 (or £2,252)
How do you declare Little one Profit?
You possibly can declare Little one Profit 48 hours after you’ve registered the beginning of your youngster, or as soon as a toddler involves stay with you. Little one Profit could be backdated for as much as three months from the date you make the declare. For those who’re making a brand new declare for a kid over 16, test they’re eligible.
Just one particular person can get Little one Profit for a kid, so it is advisable to determine whether or not it’s higher for you or the opposite mother or father to assert. Whoever claims will get Nationwide Insurance coverage credit in the direction of their state pension. The credit can fill gaps in your file should you’re not working or don’t earn sufficient to pay Nationwide Insurance coverage contributions.
You and your associate can declare for various kids. For those who stay collectively, solely one in every of you may declare on the larger fee, for the eldest youngster within the family. For those who each declare on the larger fee, you’ll have to pay again a few of the cash.
Is there a sure age you may declare for?
For those who missed out on claiming Little one Profit when your youngster was born – whether or not it was attributable to your revenue being too excessive or just not realizing you had been eligible – there’s nonetheless time. You possibly can submit your software at any age till your youngster turns 16 (or as much as 20 if they’re in qualifying full-time training), utilizing the method talked about above. Remember, although, that you could solely backdate your declare for 3 months, not for your entire interval you had been eligible.
What occurs when your youngster turns 16?
The crew of specialists at MSE say: “You should still be capable to declare Little one Profit even after your youngster turns 16, supplied they continue to be in accredited full-time training or unpaid coaching. Nevertheless, this ISN’T automated. When your youngster turns 16, HMRC will ship you a letter asking in the event that they’re nonetheless in full-time training.
“You may have to reply, or let HMRC know on-line, earlier than 31 August after your kid’s sixteenth birthday to maintain getting your Little one Profit funds. Authorised training contains A-levels, NVQs and residential training, however not a college diploma or BTEC Greater Nationwide Certificates {qualifications}.
“Authorised coaching ought to be unpaid, and contains traineeships, however not coaching that’s a part of a job contract. As soon as your kid’s accredited training or coaching involves an finish, profit funds will come to an automated cease, on the finish of February, Could, August or November (whichever is soonest).”
Are you able to delay Little one Profit for youngsters?
You could lengthen your declare in case your youngster is 16 years previous or older and is continuous their training or coaching. For youths aged 16 or 17, you may maintain receiving Little one Profit till 31 August whereas they’re in full-time additional training. This may be achieved simply on-line or via the Gov.uk web site.
