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Child Tax Credit - increased income

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  • Kimitatsu
    Kimitatsu Posts: 3,883
    1,000 Posts Combo Breaker
    Forumite
    But they will always claim back an overpayment as it is a fundemental flaw in the tax credits system that all claims are based on last years income and your present circumstances.

    Accept that if you dont ring them before March you will be in an overpayment situation, but you can either put the money into a savings account so that you have it to hand, or you can tell them now and then have to put in a new claim in March when your circumstances change again.

    If you do have an overpayment then it can be claimed back from next years award.
    Free/impartial debt advice: Consumer Credit Counselling Service (CCCS) | National Debtline | Find your local CAB
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