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WTC & Part-time work
BlueMeany
Posts: 57 Forumite
Have posted this in one of the other threads, but it appears that it is probably posted where nobody looks... my apologies, I will go in there and see if I can remove it somehow.
Anyway...
Really quite stumped here, with WTC
I work part-time (22.5hrs week) and have sole responsibility for a 13yo daughter, so I'm getting WTC... no problem I understand that.
Just after Xmas 2009, my work colleague took a lengthy spell off work, and I was asked to cover whilst he was off. I said I would check with the situation with tax credits.. and then after doing so, said 'Yes'. This took me over the 30hours a week, which obviously I notified them about.
I was told nothing would be affected, and my WTC went up by about £25/£30 a week.
I have just very recently gone back to working 22.5hrs & intend to tell them along with my renewal claim. However, in April my WTC reduced by about £15 a week for no apparent reason (I was still doing the 30hrs then). I can only assume it has something to do with the new financial year???
When I telephoned them to mention the change to 30hrs, I was told nothing would change for the worse as even though I was earning more money, I was still a long way off the amount (I think they said £14k a year) where they take into account of earnings and reduce WTC accordingly.
My basic gross salary for last year (before the overtime & any standard deductions) was £8152 and after all my overtime for the year went upto £9384 (from this I paid £332 NI, £476 Tax, £461 company pension) leaving I think, a taxable income of £8923.
Firstly, which figure do they want for the renewal... the Taxable Pay from my P60 (£8923), or my Gross before any deductions (£9384)?
Secondly, am I correct in the reason why my WTC reduced by around £15 a week back in April?
Thirdly, am I going to be penalised for earning/doing overtime last year (depending on which figure, between £8923-£9384) this financial year once I do the renewal?
Fourtly, and this is a strange one... if I'm asked to cover for my colleague for his holidays etc (he gets 30+ days a year), I often find weeks in the year where I actually do over 30hrs (probably about 15weeks of the year)... is there any way to claim for this, or am I scuppered??
Thanks for any advice, in advance!!
Anyway...
Really quite stumped here, with WTC
I work part-time (22.5hrs week) and have sole responsibility for a 13yo daughter, so I'm getting WTC... no problem I understand that.
Just after Xmas 2009, my work colleague took a lengthy spell off work, and I was asked to cover whilst he was off. I said I would check with the situation with tax credits.. and then after doing so, said 'Yes'. This took me over the 30hours a week, which obviously I notified them about.
I was told nothing would be affected, and my WTC went up by about £25/£30 a week.
I have just very recently gone back to working 22.5hrs & intend to tell them along with my renewal claim. However, in April my WTC reduced by about £15 a week for no apparent reason (I was still doing the 30hrs then). I can only assume it has something to do with the new financial year???
When I telephoned them to mention the change to 30hrs, I was told nothing would change for the worse as even though I was earning more money, I was still a long way off the amount (I think they said £14k a year) where they take into account of earnings and reduce WTC accordingly.
My basic gross salary for last year (before the overtime & any standard deductions) was £8152 and after all my overtime for the year went upto £9384 (from this I paid £332 NI, £476 Tax, £461 company pension) leaving I think, a taxable income of £8923.
Firstly, which figure do they want for the renewal... the Taxable Pay from my P60 (£8923), or my Gross before any deductions (£9384)?
Secondly, am I correct in the reason why my WTC reduced by around £15 a week back in April?
Thirdly, am I going to be penalised for earning/doing overtime last year (depending on which figure, between £8923-£9384) this financial year once I do the renewal?
Fourtly, and this is a strange one... if I'm asked to cover for my colleague for his holidays etc (he gets 30+ days a year), I often find weeks in the year where I actually do over 30hrs (probably about 15weeks of the year)... is there any way to claim for this, or am I scuppered??
Thanks for any advice, in advance!!
0
Comments
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Hi
1. You need to give the total pay on your p60 (the higher one)
2. I'm just guessing here but the reason I think your payments decreased is due to your income for 09/10 will be higher than 08/09, which is now what your award is based on
3. You won't be penalised for having more income/hours, pretty much for the same reason as above, because you told then what your increased income was
4. If you do the increased hours for a period of 4 weeks or more (eg. School hols) the tell them, you'll get the extra 30hr element again.
Also just a point, if you look at the award notice you would have got after the original change, it would have said your payments will go down in April.
Hope this helps xSaving money like a trouper...0
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