Thousands of parents across the UK are at risk of losing their Child Benefit Payment if they fail to act before May 31. The government has set this deadline for parents to update their child’s education status with HMRC. Missing this deadline could result in payments stopping as early as June, putting families’ finances at risk.
Who Is Impacted by Child Benefit Payment Deadline?
The May 31 deadline mainly affects parents with children aged 16 or older. Once a child turns 16, families must confirm whether they will continue in full-time education or an approved training program to keep receiving the Child Benefit. If this update isn’t made, payments will automatically stop.
This requirement applies to children up to 20 years old as long as they stay in qualifying education or training. Parents who don’t notify HMRC risk losing this valuable support.
For more information, visit the official HMRC page on Child Benefit.
Why Updating Child Benefit Status
Keeping your child’s education status updated is crucial to ensure the continuation of your Child Benefit Payment. If you miss the May 31 deadline, payments will stop immediately. While you can reapply, the process may take weeks, leading to delayed payments and possible financial challenges.
Many families depend on these payments for everyday expenses. A gap in receiving them could create unnecessary financial stress during a critical time.
Financial Risks
The risk of missing out on the Child Benefit goes beyond immediate financial loss. Claiming the benefit also grants National Insurance credits. These credits count toward your State Pension, helping you build up your pension entitlement.
If you don’t claim the Child Benefit, you may lose these credits, potentially reducing your future pension income. Even if your household income exceeds the threshold for receiving payments, registering for the benefit ensures you still get these credits.
This is especially important for stay-at-home parents or those with lower incomes who might not otherwise qualify for National Insurance contributions.
How to Update Your Child Benefit Details
To avoid losing your Child Benefit, update your child’s education status as soon as possible through the HMRC online service. The process is quick and straightforward.
You will need:
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Your Child Benefit reference number
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Your child’s education or training details
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Confirmation from the school or training provider if necessary
By completing this update online, you ensure your payments continue without interruption.
For more guidance, check the HMRC Child Benefit guide or speak with a financial advisor for personalized advice.
Common Reasons for Child Benefit Stops
Several factors can lead to the Child Benefit being stopped:
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Failing to inform HMRC when your child leaves education or training
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Changes in family circumstances, such as separation or divorce
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Earning over £50,000 and not opting to repay through the High-Income Child Benefit Tax Charge
Being proactive and keeping HMRC informed about changes can help you avoid losing eligibility and facing unexpected tax bills.
Final Reminder : Act Now to Protect Child Benefit Payment
The deadline of May 31 is fast approaching. Updating your child’s education status with HMRC is essential to keep your Child Benefit and protect your National Insurance credits.
Taking action now ensures uninterrupted financial support and safeguards your long-term pension rights. Don’t delay—complete the update today to avoid any risk of losing these valuable benefits.
Check out MoneyHelper’s advice on Child Benefit for more tips.
