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change in income details tax credit
1111
Posts: 260 Forumite
Hi all,
Was just wondering if anybody had recently had any change's with tax credit if so how long did you wait?
I have had an income change and am worried now that i will lose some of my tax credits so am waiting for a new award to find out how its worked out.
The person i spoke to said i should hear off them within the next week
Thanks x
Was just wondering if anybody had recently had any change's with tax credit if so how long did you wait?
I have had an income change and am worried now that i will lose some of my tax credits so am waiting for a new award to find out how its worked out.
The person i spoke to said i should hear off them within the next week
Thanks x
0
Comments
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Anyone?? x0
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Hi, more info will be needed about your change in pay. Tax credits are not affected unless the pay change is significant enough, see here:
http://www.hmrc.gov.uk/taxcredits/keep-up-to-date/changes-affect/work-changes/changes-to-hours.htm0 -
Hi,
Its only gone up by under a 1000 it was just when they said it would be recalculated and i would receive a new award notice soon x0 -
Hi,
Its only gone up by under a 1000 it was just when they said it would be recalculated and i would receive a new award notice soon x
If it's only gone up by £1000 from last year's income, then although you'll get a new award notice, what you receive won't change this year, because the increase will be disregarded. It's only next year that you'll see a difference in what you receive.0
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