Need to know everything there is about the Child Tax Credit?

Having a hard time finding the information for yourself?

Well, you’re in the right place. In this article, we will cover everything you need to get the Child Tax Credit without issue.

Keep reading to apply by the end of the day.

Chile Tax Credit

What Is the Child Tax Credit?

The Child Tax Credit is paid out to people who are in need of assistance with the costs of bringing up a child. Universal Credit has taken the place of the Child Tax Credit for the majority of people.

Nonetheless, you can still make a new claim for the Child Tax Credit, if you:

  1. Get or are entitled to the severe disability premium.
  2. Have or were eligible for the severe disability premium in the last month

If a child is 16 years of age, you can choose to place a claim before the 31st of August, even if it’s after their 16th birthday. If they are part of a specialized education program, you can choose to continue claiming until they turn 20 years of age.

If you cannot make a new claim for the Child Tax Credit for any reason, you might be able to apply for Universal Credit or Pension Credit.

If you’re interested in finding the right number for the Child Tax Credit customer service, get in touch with us.

What Amount You Can Receive With A New Claim

The amount receivable will vary depending on when your child was born.

If all of your children were born prior to the 6th of April of 2017 – you could get a child element of the Child Tax Credit for all of the children. On top of that, you will receive the family element.

If one or more of your children was born on or after the 6th of April of 2017 – you could get a child element for up to two children. You might get it for more children if exceptions apply. You can only get the family element if at least one of the children was born before the date specified.

These are the tax credit rates for the tax year 2020 – 2021:

Family element – up to £545

Child element – up to £2,830

Disabled child element – up to £3,415

Severely disabled child element – up to £1,385 + child element + disabled child element

If You’re Already Claiming the Child Tax Credit

Once again, the amount of receivable will depend on the specific circumstance of your situation. Also, you have to notify HM Revenue and Customs of any circumstance changes.

If you began your claim before April 6th 2017 – you could get the family element and the child element for those born before the date specified.

If you have another child on or after the date specified, you will only get the child element if they are the second child being claimed for. You might get the child element for other children if the exceptions apply.

If you began your claim on or after April 6th 2017 – you could get the child element for up to two children. You might get the child element for other children if exceptions apply. You can only get the family element if at least one of your children was born before the date specified

If all of your children were born prior to the 6th of April of 2017 – you could get the child element for all of the children. You can also get the family element.

The same rates apply as mentioned earlier in the article.

How Are You Paid

All pensions, allowances, and benefits are paid into an account of the person who is responsible for the child.

You will be paid every week or every four weeks from the starting date of the claim up to the end of the tax year, which is the 5th of April. However, this is subject to the circumstances remaining the same.

How Is Responsibility for A Child Determined

As mentioned earlier, you can only claim the Child Tax Credit if you are responsible for the children.

This is usually determined if:

  1. The children live with you all of the time
  2. They regularly live with you and you are the primary caretaker
  3. They keep their clothes and toys are your home
  4. You pay for their sustenance and provide a pocket allowance
  5. They live in Switzerland or an EEA country but are financially dependent

If you’re unsure – get in touch with HM Revenue and Customs. If you share responsibility with someone else, and cannot agree who should claim the credit – both of you can apply. The HMRC will decide.

If you fostered or adopted a child – you could claim if you’re not getting money from a local council, such as the Health and Social Services Board in Northern Ireland. If you are receiving money, call the HMRC to find out if you should still claim.

If you are responsible for a disabled child – you could get additional Child Tax Credits. If your child:

  1. Receives a Disability Living Allowance, Armed Forces Independence Payment, or Personal Independent Payment.
  2. Is determined to be blind or was within the first 28 weeks of your claim.

You still qualify, even if the Disability Living Allowance, Armed Forces Independence Payment or Personal Independent Payment have been stopped because of a child being hospitalized.

The Child Tax Credit Simplified

Now that you have discovered everything there is to know about the Child Tax Credit. You are well on your way to claiming, and helping your child become the adult he deserves to be.

If you’re interested in getting in touch with Child Tax Credit customer service, check out this page.