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Tax Credits

Hi,

I have recieved my p60 today,it looks like i have given tax credits wrong amount! i have actually earnt £1500 less than what i told them,Would this mean im owed money? How can i work out how much?

Thanks
Janette xxx

Comments

  • You may well be owed - I dont know how they work their benefits out so couldnt advise how much.

    Just be thankful you over estimaed and not under estimatede (better they owe you than you owe them!) x
  • zagfles
    zagfles Posts: 21,548 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Chutzpah Haggler
    Depends on circumstances, and what your income was the year before. It could be nothing or it could be £615, or in between.

    When you say you gave them the wrong amount I assume you mean as an estimate, you've not done the renewal quoting the wrong amount have you, I'm not sure if they'd let you change it if you have.
  • Icequeen99
    Icequeen99 Posts: 3,775 Forumite
    zagfles wrote: »
    Depends on circumstances, and what your income was the year before. It could be nothing or it could be £615, or in between.

    When you say you gave them the wrong amount I assume you mean as an estimate, you've not done the renewal quoting the wrong amount have you, I'm not sure if they'd let you change it if you have.

    They can change it even if the renewal has been done as long as it is before the 31 July.

    IQ
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