Question to the HM Treasury:
To ask the Chancellor of the Exchequer, whether he has had discussions with Cabinet colleagues on the potential merits of introducing changes to the child benefit system.
Child Benefit ensures families receive support for the additional costs they face in raising a child. 7.7m million families across the UK claim Child Benefit.
To ensure that the Child Benefit payments retain their value, they will be increased in line with last September’s CPI at 6.7% from April 2024.
Further support for children from low-income households is also provided through the child element of Universal Credit and Child Tax Credit, which will be uprated in line with CPI.
The Government also offers a broader range of support for parents to help with childcare, including financial support with childcare through Tax-Free Childcare.
As with all Government policy, Child Benefit is kept under regular review.