Reply To: No bank account for Tax Credits!


I’ve been reading this SI and it occurs to me that if the CL
– has no bank account,
– loses entitlement after 8 weeks, and
– then opens a bank account 2 and a half months after losing entitlement
They will then get a backdated amount of tax credit which we should regard as capital and which even if regarded, most likely will not affect an hb/ctb claim.
This means that it is to a claimants advantage not to have a bank account and not to open one until the last possible moment to take advantage of the system.
Has anybody seen anything that would allow us to take lump sums in this instance as income, not capital?

Answers on a postcard!!