We’d like to remind Forumites to please avoid political debate on the Forum.

This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide

Tax Credit Renewal

Hi,

I have received my Tax Credit renewal which should be sent before 31st July. Now my income for 2009-10 was £17400. I have started to rent a property out from middle of April this year. I need to declare this to them and to Self Assessment next year.

The renewal form I have just asked for income details for 2009-10 year but it doesent state to provide current years income if you need to be assesed in that way.

What should I do - provide my 2009-10 years income now and then provide 20010/11 income next renewal?

Thanks
MS

Comments

  • dizzyblonde82
    dizzyblonde82 Posts: 475 Forumite
    Part of the Furniture 100 Posts Combo Breaker
    It would probably be best to phone them and then you can give the 09-10 income for your renewal and then also give them the 10-11 figure for them to use as the base for your current years award so that you avoid an overpayment.
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 354.3K Banking & Borrowing
  • 254.4K Reduce Debt & Boost Income
  • 455.4K Spending & Discounts
  • 247.3K Work, Benefits & Business
  • 604K Mortgages, Homes & Bills
  • 178.4K Life & Family
  • 261.5K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16K Discuss & Feedback
  • 37.7K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.