CHILD BENEFIT: AM I ENTITLED TO?
Child benefit, what is it?
If you live or work in the Netherlands and you are younger than 18, your parents will receive child benefit. With the child benefit, the government contributes to the costs associated with raising a child. The Social Insurance Bank (SVB) pays the child benefit.
Working students aged 16 and 17, who still live at home and earn less than €1,240 net per quarter, are also still eligible for child benefit. For more information, you can consult the website of the Social Insurance Bank or contact the Social Insurance Bank in your area.
Child benefit: How can I apply?
If you or your partner declare your newbornbaby at the town hall, the Social Insurance Bank (SVB), the organization that makes the payment, will automatically be notified. About two to four weeks after the birth of your baby you will receive a letter with instructions to apply for child benefit online with your DigiD. If you haven’t received it yet, you can do so here.
If you have had a second or subsequent child, you do not need to do anything. Then the amount will be automatically adjusted and you will be paid a higher amount in the next quarter that you were entitled to it.
Read more about child benefit for a second or third child here.
Child benefit 2022
The amount of child benefit is independent of your income. Actually, everyone receives the same amount, which depends on the age of your child. The amount will increase when your child turns six. There is another increase when your child turns twelve. Child benefit stops when your child turns eighteen or becomes entitled to student finance. The amount is paid quarterly by the SVB.
The amounts per child from 1 January 2022 are as follows:
- 0 to 5 years: 230.69 euros per quarter
- Ages 6 to 11: 280.13 euros per quarter
- Ages 12 to 17: 329.56 euros per quarter
The Consumers’ Association has calculated these amounts on the basis of the Budget Day documents. De precieze bedragen worden op 1 januari en 1 juli geïndexeerd door de SVB.
The SVB transfers the child benefit to your account four times a year, at the end of each quarter (in January, April, July and October). In other words: you will receive child benefit for the first time after a full quarter. If your child is born somewhere in the middle of a quarter, you will unfortunately not receive anything at the next payment moment. You pay no tax on the child benefit.
The paydays in 2022 are:
- January 3, 2022: child benefit for the fourth quarter of 2021
- April 1, 2022: child benefit for the first quarter of 2022
- July 1, 2022: child benefit for the second quarter of 2022
- October 1, 2022: child benefit for the third quarter of 2022
- January 2, 2023: child benefit for the fourth quarter of 2022
Your bank will deposit the money into your account on the same day. But it differs per bank at what time of the day this is exactly.
When does the child benefit stop?
When your child turns eighteen, the child benefit will expire in the new quarter. Also as soon as a child receives a student grant, the child benefit will be stopped in the next quarter. If, nevertheless, student grants and child benefits have been received at the same time, because, for example, the study has not been passed on, the child benefits will be reclaimed.
Boratech will be able to request child benefit as part of the subscription package at your request. There are no additional costs involved.
If you would like more information, you can leave your details in the main menu via CONTACT.