HMRC confirms new weekly Child Benefit payment rates for next year

dailyrecord.co.uk:

Shortly after Chancellor rRachel Reeves delivered the Autumn Budget in the House of Commons on October 30, HM Revenue and Customs (HMRC) confirmed the annual uprating for Child Benefit and Guardian’s Allowance.

HMRC also confirmed there will be no need for changes to Tax Credits rates for the 2025/26 financial year as there will be no Tax Credits awards after April 5, 2025 as a result of Managed Migration to Universal Credit and the Department for Work and Pensions (DWP) IT system.

Child Benefits and Guardians Allowance payments will rise in line with the Consumer Price Index (CPI) for the year to September 2024, which is 1.7 per cent.

This means that, from April 2025, the Child Benefit rate for the eldest child will increase from £25.60 to £26.05 per week, the rate for other children will increase from £16.95 to £17.25 per week and Guardian’s Allowance will increase from £21.75 to £22.10 per week. As the payments are typically paid every four weeks, this amounts to: Below are details of other benefit payment increases announced by the Chancellor.