Sarah Bradford explains why it is important to register for child benefit, even if it is clawed back via the high income child benefit charge.
Parents are eligible to claim child benefit if they are responsible for one or more children under the age of 16, or under 20 where the child remains in approved education or training. Child benefit is payable at the rate of £20.70 per week for the first child, and £13.70 for each additional child. There is no limit on the number of children in respect of whom child benefit can be claimed. Only one person can claim child benefit in respect of the same child.
Where the high income child benefit (HICBC) tax charge applies, some or all the child benefit may be clawed back. The tax charge will not necessarily fall on the same person to whom the child benefit is paid. Where the full amount of the child benefit is clawed back in the
