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Official guidance
Tax Credits Manual

TCM0232000 · Payment - payment profile

  • TCM0232020 · Payment profile - accounting (Info)
  • TCM0232040 · Payment profile - award entitlement (Info)
  • TCM0232080 · Payment profile - direct payments schedule (Info)
  • TCM0232160 · Payment profile - family regular payment day (Info)
  • TCM0232180 · Payment profile - general (Info)
  • TCM0232200 · Payment profile - how payments are profiled (Info)
  • TCM0232220 · Payment profile - nil awards (Info)
  • TCM0232240 · Payment profile - payment frequency (Info)
  • TCM0232260 · Payment profile - payment method (Info)
  • TCM0232280 · Payment profile - payment schedules (Info)
  • TCM0232320 · Payment profile - recipients (Info)
  • TCM0232340 · Payment profile - rounding difference (Info)
  • TCM0232360 · Payment profile - suspended payments (Info)
  • TCM0232380 · Payment profile - underpayments and overpayments (Info)
  1. Payment - payment profile: contents
  2. Payment - payment profile: Payment profile - family regular payment day (Info)

TCM0232160 | Payment - payment profile: Payment profile - family regular payment day (Info)

From HM Revenue & Customs · Tax Credits Manual

For direct payments, each claim will be given a regular pay day. This day will then be used for any further direct payments throughout the entire award.

The due day is the day that the customer will be able to withdraw the money from their bank account.

Tax credits will not be paid to all customers on the same day. Each will be allocated a day (Monday to Friday) to achieve an even distribution of payments to be made on each weekday.

The first regular payment must be made within the normal arrears period (that is, one week if paid weekly).

The due date for the first payment is determined by taking into account the last possible date for payment and the standard three-day lead-in time, with the processing date being day one. The first payment may be due earlier than the last possible date for payment within the arrears period.

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