PARENTS are being warned they have just hours to tell the taxman their teenage children are continuing education or training - or their child benefits will stop. It comes after GSCE results day that hundreds of thousands of teenagers could start to plan their futures. 1 Parents must extend their claim by August 31 Tomorrow marks the deadline for parents of 16-19-year-olds to extend their claim and if they don't, their child benefit payments will be cancelled.
However, if the child is to pursue further education or training, including doing A Levels or Scottish Highers, payments will continue. The benefit is worth £25.60 for the eldest child, and £16.
95 for any subsequent children. Over a year that adds up to £1,331.20 for the older child.
If a child has two further years of education, they may have chosen to do the International Baccalaureate or stay on for A Levels, adding up to £2,662.40 in free cash their parents lose out on. Read more in Money CASH IN Free cash worth £175 to disappear in HOURS - how to claim it GOING UP UK house prices 2.
4% higher than last year and rising at fastest rate since 2022 HMRC is urging people to extend their claim now, to make sure they do not miss out. It says it wrote to 1.5 million parents between May and July this year to remind them of the deadline and that more than 522,000 parents have extended their claim so far.
Victoria Benson, CEO of Gingerbread, the charity for single parent families, said: “It’s really important, with the.