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Overpayment of tax credit
rosendale1
Posts: 1 Newbie
I need some advice please. I was finishing uni. (mature student nurse) year 2010/2011 and worked, so my salary was only 11,000.00 so when I started work full-time april 2011 I called the tax credit team and informed them that I would be earning approx. 22,000 for the year and did not wish to get into debt with them and would they change my payments. they renewed my details and noted that I would be earing 22,000. I continued to recieve my money but in January realised that my salary was hitting 20,000 and i still had 3 months left to work (this was due to shift enhancements which I do not know how much). I called them immediately and they said that My money will stop tax and child credits and that I owed then 1,500 pounds. I have been in a turmoil ever since and do not know how i can pay this back as a single parent recieving no maintenance or help with anything.
They also said that the limit for any tax/child credit it 26,000 pound and I think will be earning 26,100 pounds next year. Gross pay
can anyone please advice I dont know what to do.
thanks
They also said that the limit for any tax/child credit it 26,000 pound and I think will be earning 26,100 pounds next year. Gross pay
can anyone please advice I dont know what to do.
thanks
0
Comments
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when you get the bill for the overpayment, ring them and ask to pay in instalments if you can't afford to pay it back in one lump.Birthdays are good for you. Statistics show that the people who have the most live the longest.
Larry Lorenzoni0 -
It might not be as bad as you think - the overpayment they quoted could be as at the date you told them, so by stopping your tax credits for the rest of the year this will be reduced. It sounds too much to be an overpayment for the whole year if you get nothing for the last 3 months.0
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