Child Benefit is a tax-free payment that is paid to most people with children. You are eligible if your child is under 16, or a young person under 20 if they are still in full-time education up to A Level equivalent or on certain approved training courses.

Child Tax Credit is a payment for people with children to help with the cost of looking after them and you can receive the payment whether or not you are in work. The amount you receive will depend on your circumstances and income.

If you are having a baby, you are entitled to a year of Statutory Maternity Leave – no matter how long you’ve been in your job plus you may be eligible for Statutory Maternity Pay.

If you are adopting a child or having a child through a surrogacy arrangement, you are entitled to a year of Statutory Adoption Leave plus you may be entitled to Statutory Adoption Pay.

You can get Statutory Paternity Pay to help you take one or two weeks off work when your wife, partner or civil partner gives birth or adopts a baby.

Shared Parental/Adoption Leave is designed to give parents more flexibility in how to share the care of their child in the first year following birth or adoption.

If you are pregnant or have a new baby and you do not qualify for Statutory Maternity Pay, you may be able to get Maternity Allowance.

If you get benefits or tax credits and are pregnant or have had a baby in the last three months you may be able to receive a one-off payment of £500 to help towards the cost of the baby.

If you look after a child whose parents have died, you may be able to claim Guardian’s Allowance. In some circumstances, Guardian’s Allowance can also be paid when only one parent has died.

The Child Trust Fund was a savings and investment account that you could open for your child with money that the Government gives you. They have now been replaced by Junior ISAs.