wrong figures given to tax office

ticktactoe

good morning.
im asking for some advise here i have just recieved a letter from tax credits saying they are review my claim as my annuel figures do not match and this is true the error came from a phone call i rang wrong figures though then i followed up with actual income via the declaration form i sent this in they are saying they did not receive this my figures were 36,890 and they have used 17,812 does anyone no what the overpayment would be and how they will take this back i have to say my yearly figures for 2011-2012 is only 23,500

Caz3121

ticktactoe wrote: »

good morning.
im asking for some advise here i have just recieved a letter from tax credits saying they are review my claim as my annuel figures do not match and this is true the error came from a phone call i rang wrong figures though then i followed up with actual income via the declaration form i sent this in they are saying they did not receive this my figures were 36,890 and they have used 17,812 does anyone no what the overpayment would be and how they will take this back i have to say my yearly figures for 2011-2012 is only 23,500

you don't say how many children but the differences for 1 child would be about £3k and if 2 children then about £5k, given that we are half way through the tax year the overpayment will be around half that. I would expect that they will stop your payments and you will be able to make arrangements to pay back the overpayment

ticktactoe

Hi thanks for the reply i have four children

ticktactoe

going forward does anyone know roughly what the overpayment would be as stated i have 4 children 2 in which are in nursery and my fees are 80.00 a week i cant beleive the tax credit havent used the right figures if anyone could work out for me my overpayments i would be most grateful.true figures are 36,890 and figure they used was 17,812 this is for 2010-2011 my figures this year are 23,500 please help

Mimi_Arc_en_ciel

preseumably they will take it back by lowering your tax credit payments

ticktactoe

Mimi_Arc_en_ciel wrote: »

preseumably they will take it back by lowering your tax credit payments

Thanks for your reply , do you reckon there will be a hugh overpayment im so worried as have four kids 2 in child care and xmas coming i need some money

Mimi_Arc_en_ciel

Well the difference is 19k so theres bound to be a decent over payment in there.

Are they not able to tell you what the over payment is on the phone? Some times they can - sometimes they cant.

You could always run your figures through the online calculator (http://taxcredits.hmrc.gov.uk/Qualify/DIQHousehold.aspx) for a rough guess of what you should have been paid. We (the MSE forum users) wont be able to tell you anything specific, only a rough guide. It's Tax credits you need to be speaking to.

I'm baffled as to why you never rang them when they sent you an award notice AFTER you had sent back your renewal (Regardless whether they got your renewal or not they would have still sent you an award notice)

I would doubt you would be in reciept of any further payments so would not be relying on this for xmas / child care. They have technically already paid you your allowence and then some, instead of it being staggered over the year you've had it all within 6 months IYSWIM

If you feel you are unable to afford living expenses then you may be able to argue the over payment but as you gave the incorrect figures then id be very surprised if you would win. You could post an SOA on the debt free board and they can help you to budget better to ensure you can live within your means