Tax Credit payment cycles

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  • #19758

    The NTC handbook gives a list of payment cycles for 4 weekly payments of CTC. However, I have come across a number of awards where the first payment was made on Friday 24th April, the next payment is due during w/c 12/05/03 with subsequent payments being made 4 weekly from then (i.e. w/c 09/06/03, 07/07/03, etc) Has anyone else come across any payment cycles that differ from that given in the handbook.
    The handbbok states that as four weekly instalments are paid at the end of the 4 weekly cycle any revised payments must be taken into account from the Monday following the final payment at the old rate. This would mean telephoning the helpline for every C of C to establish what the payment dates are for each individual award.

    martin walmsley

    Yes, I’ve had different cycles – so I’ve ignored the ones listed in the handbook.

    Sometimes the award letters are clear on which dates the payments continue, and sometimes not (meaning a call to listen to the Beatles, Robbie and the rest).

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