Tax Credits £500 one-off payment by Friday, April 23. If you are eligible, HMRC guidance says you should see your payment drop directly into your bank account by that date The GOV.UK website also advises that the one-off sum will not appear in the online Tax Credit service for claimants.
Chancellor Rishi Sunak announced the £500 payment for eligible households already receiving Tax Credits during the UK Government's Spring Budget in March.
He also explained how the extra cash will not impact any other benefit claimants are currently receiving. HMRC online guidance states that if you are part of a working household that receives Tax Credits, you may be eligible for the one-off payment of £500.
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