Parents unaware of child benefit pension link

Published: 9 July 2019

FT Adviser reports “Not many parents are aware that they can get national insurance credits which count towards the state pension through child benefit, new research has shown.

In a report out today (June 6) HM Revenue & Customs stated people had a good understanding of most aspects of child benefit but parents had less knowledge of the high-income charge and very little knowledge of the additional benefits of claiming the benefit, such as NI credits.

HMRC had interviewed 45 families.”

 

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