Gov's WTC increase- via Coronas Virus update

Dandytf
Dandytf Forumite Posts: 4,566
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edited 23 March 2020 at 3:56PM in Disability money matters
Posted this via Disability thread as I have m.s.
Just noticed this generous increase on Gov site which could be useful.
 From 6 April we are increasing the standard allowance in Universal Credit and the basic element in Working Tax Credit for 1 year. Both will increase by £20 per week on top of planned annual uprating. This will apply to all new and existing Universal Credit claimants and to existing Working Tax Credit claimants.

Replenished CRA Reports.2015 Zoe i nav -67-131 miles top charge. Savings depleted. VM Stream tv 125mb fibre

Comments

  • Yes its a £1000 a year top up, as i understand it payments will start on May 12th (5 weeks after 6th April)
  • Dandytf
    Dandytf Forumite Posts: 4,566
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    edited 28 March 2020 at 3:25PM
    Thanks @venison, that's useful info, I had thought payments started from early April, though if it's May it is still very useful indeed
    for 12 months.
    Have I just found additional sum to add to my HL Fund.
    Edited if wtc increase does go ahead as planned, then it could be possible to reduce debt a few months, in addition to HL fund increase.
    Replenished CRA Reports.2015 Zoe i nav -67-131 miles top charge. Savings depleted. VM Stream tv 125mb fibre
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