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working tax credits, overpaid to me!!
aaroncaz
Posts: 5,242 Forumite
this is from 05/06, im due to go back to work soon, and i was told they would deduct the amount weekly from my WT, its quite a large amount nearly £2000, does anyone know how much they can take out of future working tax?
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Comments
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Bad luck on the overpayment. I owed about the same. They have taken previous overpayments back through deductions but I no longer qualify for WTC so have to pay it back monthly. I don't know if they same applies to deductions but the maximum period you can pay back over is 12months. Hopefully you will be able to do it over longer.
Sorry I can;t be more specific but good luck:T Quidco - £210.12:j0 -
Thanks Edwara, i suppose you dont have a rough guess, at how much per week, they will take, from my child tax credit(that was overpaid too) i think they are taking abt £5, as i only get £40 something a week, im really hoping no more than £10, a wekk, as it will affect how much i am earning!!0
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Bad luck on the overpayment. I owed about the same. They have taken previous overpayments back through deductions but I no longer qualify for WTC so have to pay it back monthly. I don't know if they same applies to deductions but the maximum period you can pay back over is 12months. Hopefully you will be able to do it over longer.
Sorry I can;t be more specific but good luck
whoops!! you already siad, you couldn't be more specific! sorry!!0 -
i know when you pay it back via your tax credits its 25% of what you would get......can tax credits not tell you what you will have to pay back0
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If you are facing hardship you can, on production of your income and expenditure details, ask for it to be collected over a longer period.This is a system account and does not represent a real person. To contact the Forum Team email forumteam@moneysavingexpert.com0
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thanks guys!!0
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