Call 020 7794 5757 - Email info@numerallp.com

Deadline looms for parents to update Child Benefit for 16-year-olds

HMRC has reminded parents and carers that they have until 31 August 2021 to confirm whether their teenagers are staying in full-time education or training beyond 16.

23 Aug 2021

HMRC has reminded parents and carers that they have until 31 August 2021 to confirm whether their teenagers are staying in full-time education or training beyond 16.

If they do decide to continue their full-time education or training, parents and carers will be eligible to continue receiving Child Benefit payments for their child.

Child Benefit is paid to eligible parents and carers who are responsible for a child under 16, or under 20 if they are in full-time non-advanced education or approved training.

However, parents and carers receiving Child Benefit and who also have an income over £50,000 (or their partner does) may have to pay the High Income Child Benefit Charge via an annual self assessment tax return.

In addition, HMRC will stop making payments of Child Benefit, Guardian's Allowance and tax credits into Post Office card accounts from 31 November. HMRC is reminding any Child Benefit and tax credit customers who use this account to receive their payments that they will need to update HMRC with their new bank, building society or credit union account details.

Child Benefit records can be updated on GOV.UK.

Try a site search Tax return, dividends, pension, autumn statement...

Company details

020 7794 5757

Numera, 4th Floor Charles House, 108-110 Finchley Road, London NW3 5JJ

Numera is a trading name of Numera Partners LLP | Company Registration No. OC365787 | Place of Registration: England & Wales | Registered to carry on audit work in the UK by the Institute of Chartered Accountants in England and Wales.

About us

Numera is a newly established forward-thinking firm of chartered accountants, with over 25 years in experience of audit, accountancy, taxation and business advisory services.

We work with clients in a large variety of industries and sectors; from sole traders to multi-million pound turnover organisations. We aim to create and maintain a close relationship with our clients. By being so involved, we are able to identify opportunities for our clients as well as possible risks that our clients may be faced with.

© 2024 Numera. All rights reserved. We use cookies on this website, you can find more information about cookies here.