HM Revenue and Customs (HMRC) is reminding parents and carers that they only have until the end of this month to confirm whether their teenagers will remain in full-time education or training beyond the age of 16.
Last week teens across Scotland and the rest of the UK received their Scottish National Certificate and GCSE results, with many now considering their future options. If they choose full-time education or full-time education, parents and carers are entitled to continued child benefit payments for their child.
HMRC sends letters to families who are receiving child benefit for their child in the final year of school or home schooling, reminding them that if their child is in education beyond the age of 16, HMRC will be paid before the age of 31.
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It is quick and easy to update child benefit records on the GOV.UK website here.
Alternatively, parents or caregivers can simply return the 297b form sent to them by HMRC.
Child benefit is paid to eligible parents or carers who are responsible for a child under the age of 16 or under 20 if they are in full-time, non-advanced or recognized education.
Parents or legal guardians who receive Child Benefit and also have an income in excess of £ 50,000 – or their partner – may be required to pay the High Income Child Benefit fee through an annual self-assessment tax return.
HMRC also reminds customers that Post Office Card accounts will be closed and from November 30, 2021, no child benefit, parental allowance and tax credit payments will be made to these accounts.
Anyone who still uses Swiss Post to collect benefit payments is recommended to contact HMRC as soon as possible with their new bank, building society or credit union data – find out more here.
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