In 2024, families with disabled children can receive essential financial support through the Child Tax Credit (CTC), with the weekly payment potentially reaching £132.33. This includes the child element and additional amounts for disabilities. As the cost of living rises, knowing how to maximize these benefits is critical for families.
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This article provides a detailed breakdown of how a family with one disabled child can claim £132.33 per week through the Child Tax Credit, along with eligibility criteria, benefits, and key updates for 2024.
What is Child Tax Credit?
Child Tax Credit (CTC) is a financial aid provided by the UK government to help families with the costs of raising children. While this benefit is gradually being replaced by Universal Credit, families already receiving CTC can continue to do so until they are moved onto the new system.
For families with a disabled child, additional support is available through disability elements on top of the regular Child Tax Credit.
Breakdown of the £132.33 Weekly Payment
In 2024, families with one disabled child can receive the following weekly payments through Child Tax Credit:
- Child Element:
- £64.97 per week for each eligible child in the household. This amount is provided for children born before 6 April 2017 or for the first two children born after that date.
- Disability Element:
- £67.36 per week is added if the child is recognized as disabled.
- Severe Disability Element:
- An extra £27.75 per week is provided for children with severe disabilities, but in this case, the total is capped at £132.33 for the weekly claim if combining these elements.
Example Breakdown for One Disabled Child:
- Child Element: £64.97
- Disability Element: £67.36
- Total Weekly Payment: £132.33
Who is Eligible for Child Tax Credit in 2024?
To be eligible for Child Tax Credit and claim the disability elements, your family must meet specific criteria:
- Income Threshold: The amount you receive in CTC is means-tested, which means the lower your household income, the more you will receive. Families with higher incomes will see their payments reduced or eliminated.
- Child with Disability: If your child qualifies as disabled under government criteria, you can receive the additional disability element. If the child is severely disabled, you may also qualify for the severe disability element.
- Residency Requirements: You must live in the UK, and your child must also reside with you. Families temporarily living abroad may still be eligible under certain circumstances, but you must notify HMRC if this occurs.
How to Apply for the Disability Element in Child Tax Credit
If you already receive a Child Tax Credit, you need to report that your child has a recognized disability to start receiving the disability element. You can do this by contacting HMRC and providing relevant documentation, such as medical records or benefits like the Disability Living Allowance (DLA) or Personal Independence Payment (PIP), which prove your child’s disability status.
Steps to Apply:
- Contact HMRC via phone or online to update your claim.
- Provide proof of your child’s disability status.
- Ensure you report any changes in income or household circumstances to avoid underpayments or overpayments.
When Will Payments Arrive?
Families claiming Child Tax Credit can choose to receive their payments either weekly or monthly, depending on what best suits their financial needs.
- Weekly Payments: Paid every Monday or Tuesday, depending on your bank’s processing schedule.
- Monthly Payments: Delivered on the same date each month.
If you are struggling with budgeting, weekly payments can provide more frequent financial relief.
Transition to Universal Credit
As the Child Tax Credit is phased out, families will eventually be moved onto Universal Credit. Under Universal Credit, families can still receive financial support for disabled children through the child element and additional support for disabilities. However, the structure and payment amounts differ slightly from CTC.
How to Maximize Your Child Tax Credit Payments
To ensure you’re receiving the maximum amount you’re entitled to, keep the following in mind:
- Report Changes Promptly: Always inform HMRC of any changes in your household income, work status, or child’s disability status. Delays in reporting these changes can lead to overpayments that will need to be repaid.
- Check for Other Benefits: If your child has a severe disability, ensure you are receiving both the disability element and the severe disability element to maximize your payments.
- Consider Payment Frequency: If managing monthly expenses is challenging, switching to weekly payments can provide quicker access to funds.
Key Dates for Child Tax Credit Payments in 2024
Child Tax Credit payments are generally consistent, but it’s important to note that there can be slight delays or adjustments due to bank holidays or changes in HMRC processing times. Keep an eye on your bank account and HMRC updates for any changes in payment dates.
For families with a disabled child, the £132.33 weekly payment in 2024 provides essential financial support. It’s important to stay informed about your eligibility and ensure that you’re claiming all the elements you’re entitled to.
If you’re unsure about your current claim or need assistance with the application process, contact HMRC to ensure you’re receiving the maximum benefits. Stay updated on the transition to Universal Credit to understand how it may impact your future payments.
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By understanding the Child Tax Credit system, managing your claims effectively, and being aware of your entitlements, you can better support your family’s financial well-being in 2024 and beyond.