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Gov's WTC increase- via Coronas Virus update

edited 23 March 2020 at 3:56PM in Disability money matters
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DandytfDandytf Forumite
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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 -90-100 miles top charge.
Savings continue.
Home Improvements Home Improvements Home Improvements!

Replies

  • Yes its a £1000 a year top up, as i understand it payments will start on May 12th (5 weeks after 6th April)
  • edited 28 March 2020 at 3:25PM
    DandytfDandytf Forumite
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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 -90-100 miles top charge.
    Savings continue.
    Home Improvements Home Improvements Home Improvements!
This discussion has been closed.
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