Tax credit renewal - general questions (merged)

upsadaisy

I pay into a public sector pension and my husband a private pension and I belong to Teacher's Union. Can anyone give me an idea if these are deductible?

I got my renewal (and I never declared any deductions in the past,) but I'm over the earning threshold now.

1jim

I think you can deduct professional fees, I can deduct Royal College Nurse fees as they are counted as prof body, can also deduct NMC fees (not sure if Teachers union is counted as professional body or not). I think your husband can deduct the private pension, but I dont think you can count the occupational pension if it is deducted from your wages....or at least thats what I understand anyway

Grippo

Can anyone clarify if a lump sum payment from a old pension scheme that is being wound up is classed as income with regards to your tax credits?

peediedj

My tax credits were renewed over 3 weeks ago,but havent had any letter acknowledging this yet,how long does it take to send it out?

74jax

I claimed tax credits ofr April and May only last year. DUring this time I worked 18hours and earned £6100 a year.

In May my partner moved in and so I stopped claiming Tax Credits. In September I then went to fulltime employment.

I have recieved my yearly notice which covers the two months of April/May ONLY. I have just had to confirm my salary for last year and it asked if it was over £6400. It was, as I had gone to fulltime in September my salary for the year was £13k.

Will I have to pay back the Tax Credits I was given in April/May?

pompeygirl69r

Someone please help!!!!

I had a baby back in september my income to tax credits at that time was £11,500. This year when i renewed them my income was £10,500 but the lady explained that £100 for every week i was on maternity leave is deducted therefore my actual income was then reduced to £7,200. After my maternity ended i chose to not go back to work as it was too many hours, so i am now on income support. I have just had my renewal through and my money has gone up by just £2 a week? I thought because last years income was considerably less than the previous year i would be due a payment? I did receive a payment of about £200 working tax credits but thats it? Thought it would have been more? I currently get £59 a week now, does this sound right? Am i due a payment, they seem not to think so? Many thanks

ldeadman1980

hi there can anyone help, I have an outstanding Potential Payment on last years wtc of £1005
I sent of my renewal form last week & my husbands correct earnings for last year are down by £2124

So will they release the Potential Payment once they have dealt with my renewal????

no-oneknowsme

ldeadman1980 wrote: »

hi there can anyone help, I have an outstanding Potential Payment on last years wtc of £1005
I sent of my renewal form last week & my husbands correct earnings for last year are down by £2124

So will they release the Potential Payment once they have dealt with my renewal????

Yes , as soon as your renewal is finalised your potential payment will be put into your bank account.

I have had "potential payments" two years running now owing to a lot of changes in our circumstances and in both years I received the payments really quickly. Last year I renewed by phone and the payment hit my account 6 days after I renewed. This year I renewed by post and got my payment into my account 13 days after I sent the forms off.

Hopefully yours wont take long to come through.

Lilybeth

Help i was on maternity leave last year so trying to work out what figures to give this year is confusing i have my P60 but read from somewhere that you dont have to declare some of it so what do i/dont i include from the P60?...

also do you include benefits in the overal income for the year? i.r JSA, ESA, DLA?

Thanks

taxi36

Lilybeth wrote: »

Help i was on maternity leave last year so trying to work out what figures to give this year is confusing i have my P60 but read from somewhere that you dont have to declare some of it so what do i/dont i include from the P60?...

also do you include benefits in the overal income for the year? i.r JSA, ESA, DLA?

Thanks

You dont include the income from DLA but the other benefits are counted. For every week you were receiving SMP you deduct £100 so for example if you were on maternity leave for 39 weeks you can deduction £3900 from the amount on your p60 (39x£100)