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Tax credit increase?
pope
Posts: 409 Forumite
Hi I did a post a few weeks ago on here and was told that increases of payment will come into affect from 10th April. I have just logged into my Gov Gateway and payments are the same for the next few months showing no increase.
Has anybody else had the same?
Thanks
Has anybody else had the same?
Thanks
0
Comments
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Tax Credits/Working Tax Credits are different. There is a process.
They calculate your final income for 22/23 in April this week, then subsequently issue a Renewal Notice end April/May.
Payments are only Estimated at this point, based on last years income.
Once this is finalised (approx 8-12wks) in the summer, you receive your Final Award Notice 22/23 and Provisional Notice for 23/24 and payments are rectified.
Its common not to notice any or much increase than in the summer/autumn on completion of renewal (or higher/lower first April payment different to the remainder at least).1 -
I checked mine this morning and there was no information by tea time the payments have gone up starting from the 14th. I would just keep checking.
Kim0
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