O/T extra earnings-wtc

Options
Dandytf
Dandytf Posts: 4,820 Forumite
First Anniversary Name Dropper First Post
edited 9 March 2018 at 9:53PM in Benefits & tax credits
Hi mser’s
As i’m due to start working some additional hours which initially will be claimed as overtime.
Could the extra effect working tax credits as they are currently based on my part time salary.hours
I’ll be working maybe 7.5 hrs or 1day extra then maybe try 5 days full time in a few weeks as I could be allowed to return to a fulll time contract all going well though that will be a few weeks time.
I have been 3 days 7.5hrs past year approx.
I appreciate if successful in a return to full time then I’ll certainly be calling WTC to report my new salary.
Replenished CRA Reports.2020 Nissan Leaf 128-149 miles top charge. Savings depleted. VM Stream tv M250 Volted to M350 then M500 since returned to 1gb

Comments

  • Darksparkle
    Darksparkle Posts: 5,465 Forumite
    Options
    Any additional income could affect your claim. It depends on how this year's income compares to last years.
  • Dandytf
    Dandytf Posts: 4,820 Forumite
    First Anniversary Name Dropper First Post
    Options
    Any additional income could affect your claim. It depends on how this year's income compares to last years.

    I agree my salary is almost half of 2017 though not quite.
    Is it best I report next few weeks overtime to WTC .
    I prefer to avoid any potential overpayment suprise re claim scenario.
    Replenished CRA Reports.2020 Nissan Leaf 128-149 miles top charge. Savings depleted. VM Stream tv M250 Volted to M350 then M500 since returned to 1gb
  • Darksparkle
    Darksparkle Posts: 5,465 Forumite
    Options
    If you believe the estimate you've already given them for this year's income will be different then yes you should inform them. You'll probably want to call again in the new tax year with an estimate for 2018/19.
  • Dandytf
    Dandytf Posts: 4,820 Forumite
    First Anniversary Name Dropper First Post
    Options
    If you believe the estimate you've already given them for this year's income will be different then yes you should inform them. You'll probably want to call again in the new tax year with an estimate for 2018/19.

    Thanks extra earnings wont be until April wage.
    I’ll call wtc and let them know what extra I may have earned from next few weeks.
    My 201819 estimate could depend on a full tim return being authorised,I’ll be advised maybe in 6 weeks time approx.
    Appreciate your kind advice Darksparkle
    Replenished CRA Reports.2020 Nissan Leaf 128-149 miles top charge. Savings depleted. VM Stream tv M250 Volted to M350 then M500 since returned to 1gb
This discussion has been closed.
Meet your Ambassadors

Categories

  • All Categories
  • 343.3K Banking & Borrowing
  • 250.1K Reduce Debt & Boost Income
  • 449.7K Spending & Discounts
  • 235.3K Work, Benefits & Business
  • 608.1K Mortgages, Homes & Bills
  • 173.1K Life & Family
  • 248K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 15.9K Discuss & Feedback
  • 15.1K Coronavirus Support Boards