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Child Benefit - Definition |
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Child benefit (or children's allowance) is a social security payment payable given to the parents or guardians of children. Child benefit is means-tested in some countries.
In the UK, child benefit is administered by the Inland Revenue Child Benefit Office in Washington. As of 2004, £16.05 per week is paid for the eldest child (including the eldest of a multiple birth) and £11.05 per week is paid for the any other children. The same amount is paid without reference to earnings or savings.
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