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Income changes

The amount of working Families/child tax credit is higher now, than it will be in March.

The reason for this is that I will only earn about 7500 this tax year and will earn 16000 next tax year, should I wait untill after March to apply for Bankruptcy, otherwise the OR will think I am loaded ah ah

Comments

  • tigerfeet2006
    tigerfeet2006 Posts: 14,030 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    If you need to do it now then go for it.

    When your income changes you just let the OR know, simple as that. If you have an IPA the OR will just alter it up, down or suspend it.
    BSCno.87
    The only stupid question is an unasked one
    Loving life as a Kernow Hippy
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