renewing tax credits / how long

mummylynz87

how long does it take for them to renew your claim, i rang monday so just wondering how long it will be before i hear anything, my partners wage has gone down so hoping for a payment

raq

i rang my figures through last saturday morning on 12th may and i had my new payment and additional payment in my bank account this morning. Really pleased with the process this year, cannot complain at all.

mummylynz87

wow thats quick think ill call tomorrow see whats goin on im so inpatient lol

annie1975_2

Beware that if his income and dropped by less than £2500, you wont get any extra??. (But you will get any extra you should have had next April). The first £2500 drop does not count?

mummylynz87

really awww no

annie1975_2

Just got this example for you from their website.

Your income reduces by £2,500 or less - example showing effect on payments

You're single, working at least 30 hours a week and have always had a yearly income of £12,000.
Payments up to 5 April 2012
You got tax credits of £424 for the year - roughly £8 a week.
New payments from 6 April 2012
In May 2012, you estimate that your income for the year will go down to £10,000 - a reduction of £2,000.
Because this reduction is less than £2,500, it won’t affect your tax credits payments until next year.
This means the amount of income taken into account when working out your new payments from 6 April 2012 will be £12,000, not £10,000.
Your tax credits payments over the year will roughly be the same.
Your new income of £10,000 will be taken into account when your payments are worked out for next year, starting on 6 April 2013.

mummylynz87

i dont understand it properly tbh, i rang up a few months ago because my partner had earned 6 grand more than previously thought so they dropped my money by 50 a wk but his p60 says different to what ive told them so thought it wud go bk up

mummylynz87

thanks by the way