Tax Credit Rebate

kkjamor

I have just found out that I have been given a back payment as I was paid too little tax credit.

Do I need to declare?

Thanks in advance! x

fredfedup

Yes it is yours to keep. But you still have to declare it.
Here is the letter Fermi recommended:


Dear OR,

On xx/xx2009 I shall receive/have received a back payment of Child Tax Credit for the sum of £xxxx.

I understand that as a back payment of state benefits this sum is excluded from being regarded and claimed as an after acquired asset.

I also understand that this should not be be claimed under the Income Payment provisions of the Insolvency Act 1986 and Enterprise Act 2004.

Therefore I am informing you of this payment for information only, according to my duties while undischarged.

Yours.....

Hope that helps

fred x