Help understanding Tax Credit award letter

ryanmcn

Hi. I was hoping someone could help me understand the Tax credits award letter I received today. I made my first claim late last year.

Please see below :

TCA for 25/11/2013 to 05/04/2014

Summary

Tax Credit for the period (see page 2)
Working Tax Credit : £721.87
Amount still to be paid to you for the period shown above (see part 3)
£721.87

I don't understand this. Am I due a lump payment?

On the last page I am given the following information :

We will make all payments direct to you
11/12/2013 - £60.06
11/12/2013 - £40.05

then for payments in 2014 / 2015,
we will make payments direct to you
07/04/2014 - $37.36

I am confused about the £721.87. Can someone please explain this to me? never was great with these kind of letters, and would really like to know if I need to contact HMR&C incase of overpayment.

Thanks in advance, and let me know if you need more info on the letter

ryanmcn

Sorry I didn't add that part.

for 12 / 13 - every week until further notice - £38.86
for 14 - 15 - every week until further notice - £36.50

Thank you for the quick reply

ryanmcn

Thanks for this. I get overwhelmed I think when reading these letters.

Again, thank you for your help. It is much appreciated.

Edit : Strangely.. this letter is dated 9/12/2013.. and it only arrived today!

ryanmcn

blondebubbles wrote: »

That is strange. They might have tried to send it before and it got send back RLS. Have you been getting the payments?

Yeah, I have been receiving the payments fine.