Is my tax credit lump aum mine to keep?

Flowersx2

Hi, having renewed my tax credits i have been paid a large ammount as a lump sum as our income was quite a bit less than forecast. Do i have to tell the receiver i have been paid this and is it ours to keep?

Lost2

someone else posted something similar a few days ago
I think if am not wrong it is your to keep

tigerfeet2006

You need to let them know you have recieved this but it shouldn't be taken. This is the letter Fermi posted on another thread that is an excellent one to use.

Dear OR,

On xx/xx2009 I shall receive/have received a back payment of Child Tax Credit for the sum of £xxxx.

I understand that as a back payment of state benefits this sum is excluded from being regarded and claimed as an after acquired asset.

I also understand that this should not be be claimed under the Income Payment provisions of the Insolvency Act 1986 and Enterprise Act 2004.

Therefore I am informing you of this payment for information only, according to my duties while undischarged.

Yours.....

If you have any problems post back on here.

Flowersx2

excellent, thanks for the help. x