Strange one of payment of Family Tax Credits

[vangle6]

We normally have a set amount of tax credits go into out bank every 4 weeks as normal. When we checked last week we had the money go in on the wednesday as normal, but then another three figure amount go in on the thursday.

Any ideas of why we had this one off payment or anyone else this happened to.

Thanks.

Hi there,

We had this too - shortly followed by a notification in the post that they'd altered the award by a couple of quid. I think it's because the basic rate of 545 has gone up to 547.50 or something!

Expect you'll get a letter in the next few days.

The actual one off payment was £406, nice amount but seems to much, prob going to phone in morning. If it there fault would I still have to pay it back.

I honestly wouldn't call them. It's probably an adjustment and some back-payments. If there's been an error, let them contact you. Put the extra cash in your savings account and let it gather some interest in the meantime. If they haven't asked for it back after a few months, keep it.

If you notify any change of circumdtances it can trigger a payment. This happened when our son changed Nursery even though everthing else was the same. Overall our award was just the same for the tax year but the extra payment meant that furture payments were less (the same award / more installments) Crazy? What out for this - you will get the award notive in the post soon with an explanation

Hi, phoned earlier on today, they said they are giving us the lump sum of £400 now and lowering our monthly credits by £65, at least we know now.

Thanks.

I had this too. Haven't phoned them yet, too scared too in case they ask for it back. Haven't had a letter yet. Why would they give a lump sum and then reduce your monthly payment vangle6? Did they explain it at all??

Hi, no actual reason was given, just something they said they do to some people's tax credits when they review it. Give a lump sum and then make the last 5 months lower.