Tax credit renewal - general questions (merged)

mintymoneysaver

arenaman wrote: »

We qualified for the basic £545 last year (and all the previous years since tax credits have been going) due to income being less than 50k. This year we've received the renewal pack and the cut off in now 40k? It seems we'll get nothing as we earn over 40k but they've already paid us 3 x £42 for this coming year before we realised.

How soon will they want the money back? anyone had any experience? It's a bit poor really, they know we don't qualify this year from previous renewal forms after their massive changing of the goalposts yet continue to pay us knowing they'll only have to claw it back.

This happened to me. As someone pointed out to me they don't know that you're earning over 40k as before now you have just agreed that your income was below 50k, not a precise amount. Just phone them up. It was fairly painless for me. I just received a letter confirming that last year's payment was correct and that I had been paid £84 this year so far which they would claw back from future payments. Only problem is they're not giving me any future payments so I'm not sure what they're going to claw it back from! I'm just keeping it somewhere safe till they ask for it back!

rainbowfairydust

not received my final tax credits award letter yet, and had an odd payment go in last week, bit unsure if that was a "final payment" or not :huh:
Bit worried incase my tax credits stop..:(

rainbowfairydust

needingaccountability wrote: »

I sent mine back around 10th May and still have not heard back yet.

i carried on having normal payments until last week and then i got a different amount, not sure if this my new payment amount or whether its a "final " payment..i think it must be getting on for 5 weeks ago when i sent my form back ..

Rosedavid

I have had my info back today and as suspected we are now not entitled to tax credits as between myself and my husband we earnt over £40k, only by £194 mind but there has to be a cut off somewhere. Anyway they say we have had an overpayment of £126.94, which is oabviously what we have had paid since April and they intend to collect this from from future awards by reducing my payments, however I am not going to get any future payments. Any idea how they will intend collecting this then?

mintymoneysaver

Rosedavid wrote: »

I have had my info back today and as suspected we are now not entitled to tax credits as between myself and my husband we earnt over £40k, only by £194 mind but there has to be a cut off somewhere. Anyway they say we have had an overpayment of £126.94, which is oabviously what we have had paid since April and they intend to collect this from from future awards by reducing my payments, however I am not going to get any future payments. Any idea how they will intend collecting this then?

Exactly what I said! No idea about the answer though...:rotfl:

treacle

Anyone still waiting their renewal pack? :eek:

no-oneknowsme

treacle wrote: »

Anyone still waiting their renewal pack? :eek:

Everyone should receive their renewal pack before 30th June so if you havent yet received yours I would advise you to give tco a call in the next day or two.

Everyone I know has received theirs already.

mummyof2boys_2

i sent mine off 7th june.

i rang them and asked if they had recieved it last week and she said she had and was being processed but could not say when it would be done.

white72

Hi i renewed my claim and got a lump sum at beginning of may and new award, i explaind to the man on fone that since hubby got paid off on april 15th his income has dropped from 30,000 to 4,000.he still made this years award based on 30,000.job centre then asked why we got so little as we have 3 children.i foned back and told them.the money went up from 48.00 to 157.00 a week,but i thot they would have backdated it???

shivo86

Hi All,
Renewed our tax credit on Monday, tax credit had us down at earning just over 40k however based on our p60's our acctual earning were £29,000 due to me being on mat leave and returning to work at part time hours. Can anyone tell me if we may be getting one of these lump sum payments, would be nice!!! I have been part time since feb and informed them of this when i renewed

xxx