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help with tax credits overpayment

please would anyone be able to explain tax credits to me as i am worrying myself sick!

Basically i have underestimated my partners 2011-2012's wage by about £1800.....when we fill in the renewal forms and receive our new award, is it as simple as paying back the £1800?...we would be really in trouble making ends meet if they took that amount back over a few months

many thanks for any advice you can give me:)

Comments

  • zagfles
    zagfles Posts: 21,548 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Chutzpah Haggler
    vicki_b wrote: »
    please would anyone be able to explain tax credits to me as i am worrying myself sick!

    Basically i have underestimated my partners 2011-2012's wage by about £1800.....when we fill in the renewal forms and receive our new award, is it as simple as paying back the £1800?...we would be really in trouble making ends meet if they took that amount back over a few months

    many thanks for any advice you can give me:)
    Don't worry - for a start an underestimate of £1800 of wages won't result in an overpayment of £1800, it'll be £738 at the most, and might not be anything. What was the estimate and what was your 2010/11 income?
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