Tax credit coronavirus payments

k2020

Just got confirmed it is may 18th ........Just checked on hmrc customer twitter account and someone asked on why hmrc was telling people by the 10th but now they telling people may 18th .and the hmrc person said yes it has changed and will show online on may 18th . Just wasted my time checking every day . 

Junkdafunk

k2020 said:

Same I got mine today instead of Monday but That is not what they told me when I spoke to them on chat they told me it will be updated by 13th April . So now it’s 18th may ., they telling people different stories .

Let us know what happens 13th Apr as it's bank holiday will there be any payment, hence paid today.
Are they paying out at different times? Is the government stalling,due to millions signing up to Universal Credit?

Junkdafunk

quote from HMRC customer support Twitter
Yes we have been informed that the May 18th date is the latest by which the (tax credits) increase will come into affect and show on the payment schedule. James

electric_comperella

So another month to wait....great news....it shouldn't be this difficult really should it? It's not like it's done by hand....

poppy12345

electric_comperella said:

So another month to wait....great news....it shouldn't be this difficult really should it? It's not like it's done by hand....

You are not the only one to  have an increase in tax credits due to C19. Tax credits is also paid in arrears and the increase only applied from 6th April, which was just over a week ago and there's been a bank holiday in between that.

falcieri

Junkdafunk said:

quote from HMRC customer support Twitter
Yes we have been informed that the May 18th date is the latest by which the (tax credits) increase will come into affect and show on the payment schedule. James

Did they say whether that is from 18th May going forward or backdated to include 6th April and 6th May payments? Trying to crunch some numbers. 

poppy12345

falcieri said:

Junkdafunk said:

quote from HMRC customer support Twitter
Yes we have been informed that the May 18th date is the latest by which the (tax credits) increase will come into affect and show on the payment schedule. James

Did they say whether that is from 18th May going forward or backdated to include 6th April and 6th May payments? Trying to crunch some numbers. 

As it's paid from 6th April then it will be backdated to that date and continue for 1 year.

[Deleted User]

Mine was updated online yesterday.
Does anyone know if this extra money will be deducted from my housing benefit award in the same way that overtime is ?

k2020

Any money you get from tax credits housing Benfit will use that as the calculation .so yes they will take any money given into account from what I understand . 

calcotti

mummyof5 said:

Mine was updated online yesterday.
Does anyone know if this extra money will be deducted from my housing benefit award in the same way that overtime is ?

Extra Tax Credits will be taken into account but I think there have been changes to the way Housing Benefit is calculated by increasing the additional earnings disregard by £20/week to make sure the extra money is not simply lost.
https://www.gov.uk/government/publications/housing-benefit-adjudication-circulars-2020/a72020-the-social-security-coronavirusfurther-measures-regulations-2020