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Child tax credit limit reduced to £26,000

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Comments

  • zagfles wrote: »
    Hi, have you read the posts above? HMRC are giving people incorrect information.

    If your letter states the limit is £26,000 then it is very wrong in your case - with 3 kids and childcare costs you will still get tax credits on MUCH higher incomes.

    As an example, if your childcare costs are £200pw, your income limit will be over £56,000, not £26,000 !!
    Hi
    Thanks, the letter more are less says its pointless claiming, but I will give then a call and try me chances. cheers :rotfl:
  • zagfles
    zagfles Posts: 21,548 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Chutzpah Haggler
    atskg wrote: »
    Hi
    Thanks, the letter more are less says its pointless claiming, but I will give then a call and try me chances. cheers :rotfl:
    Please let us know what they say. Also if you don't mind would you give us some details of your current circumstances (I have PMed you).
  • I have quickly read through this thread as I have received a letter advising my Tax credits will stop. I work part time and OH works full time and we have 1 child. Our joint earnings are just over £26,000 so it is right it will stop. I cant understand the logic in the fact that if I had 2 or more children or paid for childcare then I wouldnt lose it? Surely then this is an incentive for people to have more children and then pay for childcare but wouldnt the government then lose money by subsidising this? I feel quite victimised that I only have 1 child, anyway we will just have to deal with this and try and copy with the £40 per month loss.
  • zagfles wrote: »
    Please let us know what they say. Also if you don't mind would you give us some details of your current circumstances (I have PMed you).
    Hi the letter states
    For Child Tax Credit the income limit is £26,000 for both single and joint households.
    Even though you wont get any payments you may decide that you still want your tax credits claim to continue after April.
  • zagfles
    zagfles Posts: 21,548 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Chutzpah Haggler
    atskg wrote: »
    Hi the letter states
    For Child Tax Credit the income limit is £26,000 for both single and joint households.
    Even though you wont get any payments you may decide that you still want your tax credits claim to continue after April.

    Thanks. As I PMed you I suggest you phone them to keep the claim open. I suggest everyone does this, even if you won't get any payments, as it makes it a lot easier if your circumstances change (eg if you lose your job, new child born etc).

    There's going to questions in the house about this!
  • FBaby
    FBaby Posts: 18,374 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    This is very worrying if HMRC are writing to thousands of household telling them wrongly that they will entitled to no payment after April if that is wrong. How many will indeed not apply... Will they agree in this instance to consider retrospective claims? Let's hope they realise their -totally amateurish and unacceptable error- in time and write to those concerned in time.
  • What would be much fairer and make families more self supporting would be if tax codes were increased with each dependent a tax payer has.

    Yes yes yes!
  • atskg wrote: »
    Hi the letter states
    For Child Tax Credit the income limit is £26,000 for both single and joint households.
    Even though you wont get any payments you may decide that you still want your tax credits claim to continue after April.

    I got exactly the same letter today, you need to ring them because the information is wrong and they will tell you that themselves on the phone(or rather they will admit that the income limit depends on how many children you have).
  • Yes ring them and ask to keep the claim open. I have told them that my circumstances are very likely to change. I have two children. If I hadn't read this thread I may have thought that thats and the claim would have closed.
    The letter is very deceptive it does give the impression that once you earn over £26K you get nothing. It will mean many people will allow there claim to close and will not claim again. Like the pension credit.
  • E-PETITION

    Wonder whether e-petition would go any good?
    According to Government website

    epetitions.direct.gov.uk

    "e-petitions is an easy way for you to influence government policy in the UK. You can create an e-petition about anything that the government is responsible for and if it gets at least 100,000 signatures, it will be eligible for debate in the House of Commons."

    There are several petitions already re Child Tax Credit, but none specific to this issue.

    Anyone interested in signing? if so, I'll put pen to paper.
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