We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide
Family Tax Credit Query
kazzy96
Posts: 1 Newbie
I have just got a new job and my hours are changing from 32 to 40 and my earnings going from £8.000 to £12,000 I checked tax caculator and it said im only entiltled to £10 a week on these earnings. Can you let me know if my payments will change straight away or do they still go on last years lower earnings as I am worried I will be overpayed if this is the case .
Thanks in advance
Thanks in advance
0
Comments
-
R u sure it was £10 a week?? The tax credit calculator will prob only calculate what u would be entitled to from now up until 5th april this year so whatever your calculation was for the year it will only need to be divided by about 5 weeks, rather than 52 weeks!! Hope this makes sense for you lol!!0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 354.4K Banking & Borrowing
- 254.4K Reduce Debt & Boost Income
- 455.4K Spending & Discounts
- 247.3K Work, Benefits & Business
- 604K Mortgages, Homes & Bills
- 178.4K Life & Family
- 261.5K Travel & Transport
- 1.5M Hobbies & Leisure
- 16K Discuss & Feedback
- 37.7K Read-Only Boards