Don't want an extra £12 per week...I need the lump sum :(

AnKsMumma

I applied for the childcare element of working tax credits on the 21st April and this was forwarded to their head office for all the necessary checks. This hasn't been completed yet but should be finalised within the next week if all my information and costs are correct (which I believe them to be).

I have been told that lump sum payments are no longer issued and the cost will be spread out over my award. I work this out to be £660 owed but seems they will pay it over 52 weeks working out about £12 extra per week.

I used all my wages to cover the first month at nursery for my children and now looks like when it is finally all sorted out that I will be due another month. I am so worried about it all that I can't sleep as we are barely even able to eat at the moment as I used all my wages. I didn't even pay all the rent as I was just going to use the lump sum payment when it came through.

When did it change so that they didn't issue lump sum payments? Is there anything I can do?

merlin68

What difference would having it in a lump sum make? you need to budget a bit better.

Sixer

merlin68 wrote: »

What difference would having it in a lump sum make? you need to budget a bit better.

Because nursery fees are paid upfront and wages are paid in arrears?

AnxiousMum

Can't help but think that this is a really silly question....but here goes:

If you have used your month's wages to pay your child care costs, and you're new payments will be £12 more per week, or £660 per year, even if they did pay it to you in a lump sum, how would you manage the child care the rest of the year???

pipscot

AnxiousMum wrote: »

Can't help but think that this is a really silly question....but here goes:

If you have used your month's wages to pay your child care costs, and you're new payments will be £12 more per week, or £660 per year, even if they did pay it to you in a lump sum, how would you manage the child care the rest of the year???

presumably the lump sum just covers what is owed up till now and the rest of the year the payments will be adjusted upwards to cover what is needed

AnKsMumma

pipscot wrote: »

presumably the lump sum just covers what is owed up till now and the rest of the year the payments will be adjusted upwards to cover what is needed

Yes this is correct. They owe me £660 for the three weeks that I will have been waiting then I will recieve weekly payments just short of £30 a week for the full cost.

I thought I would have been able to pay for it through my wages and then use the tax credits money to live off of through the month.

Thankfully, I have been approved for another loan through the credit union so not so much of a worry any more. xxx