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Child Tax Credit - change from 4 weekly to weekly.


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Hi

 

Ive tried to search on here and the rest of the internet but come up with nothing.

 

I currently get my Child Tax Credits 4 weekly, but am now considering changing to weekly to ease cash flow during the month as I get paid monthly at work.

 

My next 4 weekly payment is due to be paid this Tuesday (14/09/2010). If I phone up after his time to change to weekly, when will my weekly payments start? Will I need to wait 4 weeks?

 

Any help appreaciated.

 

Thanks.

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Thanks for your reply.

 

Its actually Child Tax Credit, and not Child Benefit Im asking about. I think anyone can ask for their Tax Credits to be paid weekly, but Child Benefit can only be paid 4 weekly unless you recieve other state benefits etc.

 

Im just wondering how long I would hev to wait for the weekly payments to kick in after my final 4 weekly payment.

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I think it's probably just a case of changing the indicator on you file from 'M' to 'W' so pretty immediate, I'm sure there will be more responses.

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I think it's probably just a case of changing the indicator on you file from 'M' to 'W' so pretty immediate, I'm sure there will be more responses.

 

I guess it all depends on whether Child Tax Credit is paid in advance or arrears?

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once you phone up it normally takes 48 hours for the system to reissue a new payment shedule, so if you change it on the 4th you may get your next poayment on the 13th.

 

Again I cant say for sure as it is normally different for each person and how the computer wishes to issue a new payment date set but i dont think you will wait to long.

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Thanks fir your reply.

 

Just wanted to check as when I enquired with the help line they couldn't tell me when my next payment would be after changing to weekly. I just don't want to have to wait 4 weeks for the payments to start otherwise it defeats the object of changing.

 

If tax credits are paid in arrears then I should recieve a payment a week or so later after my last 4 weekly payment?

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