WTC increase announced
Released 23 March 2020
The government has announced that Working Tax Credits (WTC) payments will be increased from 6 April 2020.
As part of a number of measures to support the country during the coronavirus (COVID-19) pandemic, WTC payments will be increased by £1,045 to £3,040 per year from 6 April 2020 until 5 April 2021.
The amount a claimant or household will benefit from will depend on their circumstances, including their level of household income. But the increase could mean up to an extra £20 each week.
Further information can be found at https://www.gov.uk/government/news/increase-to-working-tax-credits-what-this-means.