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Reassessing previous tax credit awards

MyWifeThinksImTight
MyWifeThinksImTight Posts: 26 Forumite
Part of the Furniture Combo Breaker
in Benefits & tax credits
Just realised that I can deduct Gift Aid payments from my income for tax credit purposes. Anyone any idea how far back you can go when reassessing tax credit awards?

Comments

  • [Deleted User]
    [Deleted User] Posts: 4,176 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Photogenic
    MyWifeThinksImTight wrote: »
    Just realised that I can deduct Gift Aid payments from my income for tax credit purposes. Anyone any idea how far back you can go when reassessing tax credit awards?

    You can only do it on this years award any previous years awards are now finalised and closed and cannot be adjusted. If they have not sent you your final award notice from last year yet, phone them quick.
  • DreamerV
    DreamerV Posts: 823 Forumite
    Part of the Furniture 500 Posts Combo Breaker
    MyWifeThinksImTight wrote: »
    Just realised that I can deduct Gift Aid payments from my income for tax credit purposes. Anyone any idea how far back you can go when reassessing tax credit awards?

    If you paid through you work, these payment would already be adjusted for on your p60 (same with pensions). However, if you paid privately, then that's different. You'd only have luck getting your income changed for the tax year just ended (09/10).
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