Changing tax credits from monthly to weekly ?

[highhopes19]

Today I phoned tax credits and they've changed my tax credits from 4 weekly to every week which will be so much better .

Just wondering if anyone had done the same and how long does it take to change ?

Also they told me on the phone that changing it to weekly can result in an overpayment ? How could this happen surely it's just my usual monthly tax credits split over the weeks

 

[Loozle]

I did this recently and got an extra payment of £15 lol. I phoned them on the Tuesday, got the £15 on the following Monday then my weekly payment on the Wednesday. Hope that helps!

 

[highhopes19]

Brilliant Thankyou xxx

 

[Mummy2B21]

I get mine weekly but think i selected that from the start i find it so much easier as i have bills constantly coming out of that account so i always know theres something in there.

 

[beth_terri]

I've always got mine weekly. Makes managing money much easier

 

[Midnight_Fairy]

Mine is weekly too x

 

[Nats21]

Mines always been weekly too, I just assumed it was always like this but obviously not, its much better getting it every week xx

 

[highhopes19]

That's one of the reasons I'm getting it changed to weekly because atleast we know we got somthing to fall back on always before payday. Also when we get it a lump sum we seem to spend it like water

Xx

 

[Tegans Mama]

Mine has always been weekly

 

[Natasha2605]

I think I might change mine. I didn't realise you could tbh!

 

[highhopes19]

Random question about tax credits


My hours dropped from 20 down to 8in July I let them know straight away....... But every now and then at work I do over time a few extra hours a week do I need to let them know everytime I do any over time. If I do it's gonna be pointless me doing it as it'll cost me the extra I made in overtime to ring them and let them know iykwim? Xx

 

[MrsBop]

Random question about tax credits


My hours dropped from 20 down to 8in July I let them know straight away....... But every now and then at work I do over time a few extra hours a week do I need to let them know everytime I do any over time. If I do it's gonna be pointless me doing it as it'll cost me the extra I made in overtime to ring them and let them know iykwim? Xx

Theres a certain amount extra you can earn a year before an overpayment is made, I can't remember how much it is though sorry

 

[highhopes19]

Random question about tax credits


My hours dropped from 20 down to 8in July I let them know straight away....... But every now and then at work I do over time a few extra hours a week do I need to let them know everytime I do any over time. If I do it's gonna be pointless me doing it as it'll cost me the extra I made in overtime to ring them and let them know iykwim? Xx

Theres a certain amount extra you can earn a year before an overpayment is made, I can't remember how much it is though sorry

That's ok Thankyou, just a relief that I don't have to ring every 5 minutes lol

Xx

 

[ellismum]

It's worth noting ladies that the government are proposing paying benefits monthly only when universal credit kicks in and this will incorporate CTC/WTC though not set in stone.

Also, I'd check with the tax credits helpline re the amount of income disregard. We under estimated by £2k and got hit with an overpayment.