PUBLISHED: 14:55, Wed, Nov 25, 2020 | UPDATED: 14:55, Wed, Nov 25, 2020
Child Benefit can be claimed by a person who is responsible for bringing up a child if they're under 16, or under 20 if they stay in approved education or training. There's no limit as to how many children it can be claimed for, although only one person can get Child Benefit for a child.
Furthermore, depending on who the allowance is for, the rates differ.
For instance, if it's a claim for the eldest or only child, the weekly rate is a higher amount than for other children.
Currently, this particular rate is £21.05 per week.Insurance Loans Mortgage Attorney Credit Lawyer
For any additional children, the weekly rate is £13.95 per child.
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Child Benefit: Families facing a drop in income may find themselves no longer liable for the tax (Image: GETTY)
The benefit cap may affect the total amount of benefits a person gets, the government points out, and this includes Child Benefit.
It's also important to be aware that while this isn't an income-related payment as such, some may lose some or all of the Child Benefit due to the High Income Child Benefit tax Charge (HICBC).
If a person or their partner has an individual income of more than £50,000, they can still get the benefit - but they may be taxed on it.
Those affected by the charge are required to fill in a Self Assessment tax return each tax