An understanding of Child Benefit rates will also be important for the many families right across the country who are making a claim.
At present, for an eldest child, Britons can expect to receive £21.05 per week in 2020/21.
And for any additional youngsters, the sum is set at a weekly total of £13.95.
In April, Child Benefit went up by £1.50 per month for the eldest child, but remained the same for additional children.
This was as a result of the end of a years-long benefit freeze, which affected a number of payments from the government.