We will propel your business on a digital journey providing you with all the necessary cloud based software and expertise which will give you a smarter and more streamlined way of working whilst providing full clarity of where your business is heading.
We are committed to delivering the highest level of professional competence and expertise.
Please feel free to visit or contact us during the following times:
Monday-
*Please contact us if you require an out of hours appointment
9AM to 5PM
© 2025 Branagans Accountancy Services Ltd | Company Number: 5965462 | VAT Number: 917 8490 87 | Privacy Policy
BRANAGANS
Accountancy Services Ltd
01709 327 215 | info@branagans.co.uk
HMRC is urging parents of teenagers aged 16 to 19 to extend their child benefit claim by august 31 to keep their payments going. Last year, 870,000 parents renewed their claims, with most choosing to do so online.
You can use either the HMRC app if you have it downloaded, or the digital service online at Gov.uk to guarantee that the payments are extended. But whatever method you choose, it needs to be done by August 31 to ensure the payments continue seamlessly.
This is because without confirming an extension, Child Benefit will automatically stop on or after your child's 16th birthday.
Child Benefit is currently worth £26.05 per week, which adds up to £1,354.60 per year for the eldest or only child. Any additional children you have will qualify for £17.25 per week, or £897 per year, neither or which is a sum to be sniffed at.
You are entitled to extend your Child Benefit if your child is remaining in full-
Myrtle Lloyd, HMRC's Director General for Customer Services, said: "Child Benefit is an important boost to families. As soon as you know what your teenager is planning to do, extend your claim in minutes to guarantee your payments continue in September. Simply go to Gov.uk or the HMRC app to confirm."
If the person claiming the Child Benefit or their partner has an individual income of more than £60,000 to £80,000 per year, then you might face the High-
For the 2024/25 tax year, you will lose 1% of your Child Benefit per £200 you earn above £60,000. This means you will lose all the Child Benefit when you reach £80,000 a year or more.
You can use the Child Benefit tax calculator to see how much you will receive and what the charge might be. If you must pay a charge, then you will have the option to use a digital service this summer onwards to pay the charge through your PAYE, rather than having to file a separate self-
Families who have opted out of Child Benefit payments can restart their payments quickly via the online portal or the HMRC app.
If you are unsure whether you might need to pay the High-