I work for Tax Credits

taxcredits

Let me anser your questions if I can.

rushnowt

Let me anser your questions if I can.

I hope your arithmetic is better than your spelling ;D

Welcome to the boards ;D ;D :-*

taxcredits

Grate start buy mee their then!!

Just kidding.

Merely a slip of the finger !! (Exactly how a lot of overpayments occurred in the first place !!) ;D

rushnowt

Now a slip of the finger that gave me an overpayment wouldn't be a bad thing ;D lmao

taxcredits

It tould be if you then got an overpayment letter saying you owed us £5000.00 !!

TIP: If you get an overpayment and you know or believe it is wrong, put it into a seperate account and hold on to it. Then if we ask for it back you can send it to us straight away and have a little of the interest from it for yourselves.

HINT: Don't consider an overpayment of Tax Credits to be an interest free loan.

TIP: Do not under any circumstances tell us what you have spent the overpayment on (such as "I spent it on a new car/holiday/roof etc.) !! This is a sure-fire way of recovery of the overpayment.

Glen_b

How do you work out the payments., especially in regard to Child care costs

We have had 3 different tax credit awards. First one had wrong data on, didn't include Child care costs, so rang to amend this

Yesterday got two more different summary sheets, first one our award had gone down and we owed twice as much as before???? no more payments till March 2006???
The second one award payment due had doubled but the amount paid to us over this period had also doubled (must have missed that cheque!)??? and not showing any more payments to us???

Just wish I knew how it was calculated so could work it out myself.

Have to try ringing again on Monday to try and get this sorted, and change more details on it.

samuela66

Hi Tax Credit,
I have been on the application form thingie, to see if I am entitled to andy working tax credit, I live alone, a home owner and earn 14,350, pay full for dentist prescriptions and everything! When I input my information it says yes I am entitled and then gives a figure of 0, can you help please,
thanks

melt71

Hi Tax Credit

Last year when I applied for WFTC I noticed that the way they worked it out related to my previous job. I used to work 20 hours per week but I now work 27 a week. I immediately informed them of this change and they adjusted my payment.

Then in December, more than half way through my tax awards I got a 50p p/hr payrise. Again, I informed them immediately of this change and they again told me that they had adjusted the award, although I have to say this was after lots of confusion and various printouts received with the incorrect details on it! - I almost gave up with them as they just didn't seem to know what they were doing) :'(

Anyway, this time my awards are really just minimal WTC and about £155 per month Child Tax Credit, but on the printout I received at the start of this years award it showed that they had overpaid me by £800!! How have they managed to overpay me by that much when I had immediately informed them of the changes?!

They have said that it will be claimed back from me in due course and haven't given any date or plans to do so. Will they claim it back or will they let it go because I kept them fully informed of changes as soon as I could?

I've done everything I can to ensure it's correct, what more could I have done?

Thanks for your advice,

Mel

Zoop_2

Hi taxcredits,

Mine is a more general question. I would like to know if there how Inland Revenue is planning to improve the service so that these many, many, many errors are not made.

irs101

Hi, I'm new to the board, but seeing as Mr TC seems to have disappeared, I thought I'd try and answer the various questions.

Glen_b

To calculate the award, you u add up all the elements you are entitled to - all together, don't do the WTC & CTC separately. So WTC basic + couples + 30 hour element + any childcare element (70% of cost up to the limits) +child element + family element +any disability elements etc. This is your maximum award.

Then take your annual gross income, subtract £5,060, multiply by 0.37, and subtract the answer from your maximum award. If the answer is less than £545, you just get the family element. If your income is more than £50K, you get nowt (although there are some exception circumstances where you could get something).

To double check your award yourself, try https://www.entitledto.org


Snoopy

If you are single and don't have kids or a disability, you are only entitled on an income of around £11K. There is a difference between "eligible" and "entitled". You are eligible for WTC because you are over 25 and work over 30 hours a week. However your income is high enough for you to be tapered to zero and therefore not "entitled".

melt71

If what you say is correct, you should appeal. Are you sure that the information you gave on the annual return was exactly the same as that you gave through the year? Overpayments was always part of the design of the system - it isn't necessarily and indication that you or IR have made a mistake.
If it turns out to be an IR mistake and you could not reasonably have suspected that they had made a mistake (and the fact that you gave and double-ckecked the info you gave them), they should write of the overpayment. See https://www.inlandrevenue.gov.uk/leaflets/cop26.pdf for details.
If they do try and get it back, if you get more than £10.50 a week, they'll reduce your award by 25%. If you just get £10.50 a week they'll stop your payments until it is paid back. They shouldn't ask you to make a lump-sum repayment.

Zoop

I would address that question to

Dawn Primarolo MP
Paymaster General
HM Treasury
1 Horseguards Road
London
SW1
;-)

duppoboy

We are claiming WFTC. We have 2 children but our eldest has decided to leave school. She is not working or claiming any benefits as she is only 16, will this affect our credits in any way?