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Thread: tax credit question

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    Default tax credit question

    Does any one work in the tax credit office? What I want to know is I currently work 20 hours on 7k a year and get 70 a week working tax. But I will now be working about 40 hours on 18k a year. Will I still get my working tax?

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    Ex-Staff Full Member John LE's Avatar
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    far as my mrs understands it you`ll still get some not sure how much but you`ll qualify for the 40 hour award part as well cos you work @ least 40 hrs

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    Quite a lot of factors to take into account, such as whether you are single or married, and if there are any children

    If you are single, then from memory the salary limit is about £10500, above that the WTC ceases from the date on which the higher earnings commence

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    Make sure you notify them as soon as you can... Otherwise, they'll just keep paying you the full amount, and you may think this is nice, lots of spare cash, but then the following year when they've finally worked it out, wollop, you get a nasty demand and bill asking you to pay hundreds back.. So notify them as asap, and when you do notify them your claim will be ended (no more cash from them) so be prepared for that.. If you're still entitled to anything it will require you to make a new claim.. ...Also, after you have notified them, they may still at the end of the year send you a demand to pay some back, because the amount they originally calculate you're entitled to when you claim seems to rather be, like ummmm, simply pulled out of a hat...

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    Default

    Quote Originally Posted by twaiter View Post
    Does any one work in the tax credit office? What I want to know is I currently work 20 hours on 7k a year and get 70 a week working tax. But I will now be working about 40 hours on 18k a year. Will I still get my working tax?
    simple yes! upto 30k will still get you £10 per week.

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    Regular Member bigdave1701's Avatar
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    NO.

    Well, that's the answer the tax credits people gave me 6 weeks ago when I asked them a similar question. Due to the government benefit cuts, as of next tax year, me earning £17200 p/a working 40hrs means I will now get nothing (despite the current <£30k entitlement).

    Weve been told that between myself & the wife were gong to lose £500 a month in tax credits next year! So I would advise you to call them and ask as things change regularly. I'll certainly be calling again in the new year to see what they say now.

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    Regular Member m8internet's Avatar
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    Quote Originally Posted by nibblitz View Post
    Make sure you notify them as soon as you can... Otherwise, they'll just keep paying you the full amount, and you may think this is nice, lots of spare cash, but then the following year when they've finally worked it out, wollop, you get a nasty demand and bill asking you to pay hundreds back..
    I ran into this a few years ago
    I notified them of the change, but they continued to make payments
    I sent a further letter asking for a confirmation
    The confirmation arrived, but they continued to make payments
    The following year I received a notice that payments would stop if I did not reapply, so I didn't, and with that payments ended
    I then received a demand for the overpayments
    However each month I just sent them back copies of previous letters
    After 6 months they reduced the demand by 50%
    Then the issue was highlighted by BBC, loads of people had run into this same issue, some people had paid the money back, some couldn't afford to do so
    I had invested the money separately
    The following week, which was nearly three years later, I received a final demand which was equivalent to just 10% of the amount due
    I wrote one final letter, to confirm that if I paid this that would be the end of the matter
    The reply to that was that the case had been closed and nil was due, as the overpayment was their error

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    Well according to the site and the questions I answered it said I will get a bit more than I do now? I live with a non working partner and a child. It all just gets to me. I don't know if getting a higher pay is actually gonna work out better!

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    Looks like you are eligible for Child Tax Credit then, rather than Working Tax Credit

    From memory the CTC rates were revised due to the loss of Child Benefit
    Equally, you've probably changed several factors since you renewed your claim this year or forgotten what they originally were (bending the truth application)

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