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wage increased by £50 tax credit down by £60.
dnmnsr
Posts: 4 Newbie
I was taken on by the company i work for after a year on an agency. My wage increased from £260 to £309 take home per week. We as a couple were recieving £89 per week tax cred, that had dropped down to £31 per week. As csa and debts are taking large amounts this shortfall has driven me to the edge of dispair. Does this shortfall sound correct as the decrease in tax credit is more than the increase in wage???? Please somebody help.... 
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Comments
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it seems a bit meaan to me ring them and see what they sayReplies to posts are always welcome, If I have made a mistake in the post, I am human, tell me nicely and it will be corrected. If your reply cannot be nice, has an underlying issue, or you believe that you are God, please post in another forum. Thank you0
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Tax credits lag wage changes as there's a disregard for income increases from one year to the next. So they might have been higher last year due to being based on income the year before.0
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Had a letter to say last years money was correct. If that's useful info????0
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What was your income in the 2010/11 tax year (joint gross)?
What was your income in the 2011/12 tax year?
How many hours do you both work?
How many children (that live with you, not that you pay csa for)?0
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