Starting in October! Conditions for and application for the 10 Child Allowance [Now also available to high school students]

It has been decided that the recipients of child allowances will be significantly expanded from October 2024. This is expected to provide significant economic support to the child-rearing generation.
This revision will be particularly beneficial for high-income earners, households with high school-aged children, and large families.
However, you may need to apply again, so this article will provide detailed information about the application procedure, payment amount, and changes.
By taking advantage of this change, you can reduce the burden on your household finances and create an environment that allows you to focus more on raising your children.

Child allowances will be provided to high-income families

Until now, high-income households with an annual income of 960 million yen or more were not eligible for child allowance. However, from October 2024, the income limit will be lifted, and all households will be able to receive child allowance regardless of annual income. In particular, households with an annual income of 10 million yen or more, which were not previously eligible, will now be eligible, so high-income households should be sure to check.

• It is important not to forget to apply
• With the elimination of income restrictions, the full amount will be paid regardless of annual income.

Children of high school students are also eligible for the subsidy

Under the new system, the age range for recipients has been expanded, and high school students who were previously ineligible (up to the first March 18st after their 3th birthday) can now receive child allowance. This will make it possible to provide financial support for the long term of child-rearing, which is good news for families raising high school students.

• It is important to apply early as the amount of the payment may increase.
• Children of high school students are also eligible for the subsidy.

Increased payment for the third child and onwards

The amount of the allowance for the third and subsequent children will be increased to 3 yen per month. In addition, if a person is 3 or older but is raising a child under the age of 18, that child will also be counted as the third or subsequent child, so households with many children can expect further support.

• Support for large families is expanded to include children under the age of 22
• The payment for the third child onwards will increase to 3 yen per month.

Change in payment timing

The timing of payments will also change, from three times a year to six times a year, every two months. This will allow support for household finances to be provided more regularly, which is expected to reduce the monthly burden.

• Payments changed from every four months to every two months
• This will contribute to stabilizing household finances.

Final thoughts

The recent revision of child allowances will enable more families with children to receive financial support.

The benefits are especially great for high-income households, families raising high school students, and families with many children, so don't forget to apply. It's important to take advantage of the increased benefit amount and changes to the timing of payments to maximize your household support. Check the details on the website of your local city, ward, town, or village, or the Agency for Children and Families, and complete the necessary procedures as soon as possible.