Child Benefit payment date changing next month for thousands of parents

Parents claiming Child Benefit may see their payments affected by the August bank holiday next month.

Child Benefit is paid to someone who is responsible for looking after someone under the age of 16, or sometimes under the age of 20 if they're in approved education or training.

It is worth £26.05 a week for your first child, then £17.25 a week for any additional child you may have. Child Benefit is paid on a Monday or Tuesday, but the upcoming bank holiday on Monday, August 25 means some payments will be issued earlier than normal.

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On the GOV.UK website, it explains you’re due a Child Benefit payment on Monday, August 25, you’ll receive your money on Friday, August 22 instead. The amount you get paid will not change.

If you do get paid earlier, keep in mind that you will have to make your money last longer as you'll have a longer wait until your next payment.

If you live in Scotland, there is another bank holiday on Monday, August 4. Those who are due a Child Benefit payment on this date will be paid later, on Tuesday, August 5, instead.

Child Benefit is paid every four weeks by HMRC and is claimed by more than seven million families.

In order to claim Child Benefit, you need to live in the UK and the child normally needs to live with you, or you pay at least the same amount as Child Benefit towards looking after them.

There is no limit to the number of children you can claim Child Benefit for, but only one person can claim Child Benefit for each child.

You can claim Child Benefit if you fostered a child, as long as the local council is not paying anything towards their accommodation or maintenance.

If your child is over the age of 16, but is still under 20, then you can only get Child Benefit if they're in approved education or training, such as A-Levels or NVQs.

Your child must be staying in approved education or training for 12 hours or more each week, and courses won't count if they're paid for by an employer.

If you're a high earner, you may have to pay back some of your Child Benefit. You get the full amount of Child Benefit if you, or your partner, earn less than £60,000 per year.

If one of you earns over £60,000, you have to pay some of the benefit back at a rate of 1% for every £200 you earn over £60,000. Once you start earning over £80,000, then the full amount of Child Benefit is paid back.

You can claim Child Benefit 48 hours after you’ve registered the birth of your child, or once a child comes to live with you. It can be backdated for up to three months from the date you make the claim.