The government has announced it will increase the basic element of Working Tax Credit from £1,045 to £3,040 from 6 April 2020 until 5 April 2021.
It is also uprating Child Benefit, other tax credits rates and thresholds, and Guardian’s Allowance by 1.7% with effect from 6 April 2020. You can read the full list of Rates and Allowances here.
The government advises that individuals do not need to take any action as the payments will be increased automatically. However, if individuals need advice about their benefits, they can contact the One Reading Hub on 0808 1894325.