Tax credit renewal - general questions (merged)

Kayleigh1986

no-oneknowsme wrote: »

We had a difference of £2k in our earnings this year as Hubby is self employed and it is really hard to estimate.

We got a lumpsum payment of just over £1,200 and our new weekly payments have increased by £30.

Just out of curiousity Kayleigh , what was your ACTUAL income for 2009-2010 as this is the figure which matters when determining if you will receive a lumpsum of not , not the estimate figure you used.

it was the same earned £5000 maybe a little more, and estimated at £7000

MamaMoo_2

Our income went from £18000 with both my husband and myself working, to £8500. Our TC's only went up by £12 per week, and our potential payment is only £550 odd, considering some people's income has dropped by a couple of thousand pounds, and they're getting 50% odd back in potential payments, does this sound right?

50Twuncle

What does HMRC classify an Ill Health Retirement lump sum (under £30k) as in relation to WTC renewal ?
ie) Does it go on the form under EARNINGS AS AN EMPLOYEE or OTHER INCOME or, because it is under £30k - do I mention it ?

holliepop2010

Hi there, My last years payments was based on 09-10 wage which i was on Maternity leave most of the year with low wage, then I went back to work for a year and now I am on Maternity leave again since April. How do I inform tax credits that my wage is a lot lower this year & will it make a differance??

Also I read that you have been having to send documents off etc? How do you know if you have to do this or not and does it happen to a lot of people! What a faffy having to find it all?

I havent recived my Renewal pack yet but it all seams a muddle every year!

Thank you

Aarons_mummy

You can call them up and give an estimate for the year. If you earn more if you don;t inform them of the change then you could have an overpayment. As long as you call them and keep them updated of any changes then there shouldn't be any problem. Your payments should increase if your income is lower than last year.

The documents people are having to send is for those who have childcare claims as TC are checking to ensure they're correct.

If you have to do this then TC will be in touch to let you know.

ticktactoe

hi do you roughly no how long the wait is once you renewed your tax credits to when you get a letter from them about childcare? i renewed on the 13 may and still nothing ???

holliepop2010

Yes and when they ask about child care what are they asking for so i am ready if need be?

Aarons_mummy

@holliepop from what I have read people are being asked to send in invoices for the year, not sure about anything else just from what I've read on the forums.

@TicTacToe - as I've said on your other threads, I didn't have childcare in my claim, I renewed by post on the 11th and have yet to receive any paperwork. Thos with childcare do seem to be taking longer than others but not in all cases.

cifpower

Renewed on 27 May, new award issued today and one off payment will be received by me on 6 June along with first new 4 weekly payment.

Really impressed with the speed of it all.

kv19

I renewed on 18th may recieved provisional award on friday 26th may on pro award it said to sign & return annual declaration form , I rang friday evening to say had alreadyrang thru figures and she said yes all logged and didnt need to send annual dec form back, altho noticed some people was asked too ?? confused now Has anyone else recieved provisional award for this year xx