HM Revenue and Customs (HMRC) has issued a warning to parents who could miss out on child benefits if they don't act soon as the deadline quickly approaches. Parents have until August 31 to extend child benefits if they have a child between 16-19 years old who is continuing education or training, if parents do not meet the deadline, their child benefit payments will stop. On August 22 hundreds of thousands of teenagers will decide on their future when they receive their GCSE results.

Those who claim child benefit can claim up to £1,331 a year for the first or only child, and up to £881 a year for every additional child. HMRC warns that child benefits will stop if the deadline is not met To not miss the deadline, parents are being told by HMRC that they can quickly and easily extend their Child Benefit claim online on GOV.UK or via the HMRC app.

So far, more than 270,000 parents have extended their claim digitally, with the changes applied to their record without the need to wait on the phone. HMRC are telling parents that they should keep their claim details up to date, even if they've opted not to receive Child Benefit payments due to the High Income Child Benefit Charge. If you are a parent who wants to opt back into receiving Child Benefit payments you can do that quickly via GOV.

UK or on the HMRC app. Myrtle Lloyd, HMRC’s Director General for Customer Services, said: “Child Benefit is an important financial support for many households and we don’t want to see any .