We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide
Overpayment advice
Markb06
Posts: 391 Forumite
Hi and good evening,
I was an !!! when I was younger and lied to tax credits. I admitted this to tax credits and they amended my payments with a reduction to recover costs. I owe roughly £7000.
I am about to move in with my partner and our combined income is £26025. I am looking to set up a direct debit and offer £100 a month as money will be going elsewhere and we feel we could comfortably afford this.
Do you think they would accept this?
Many thanks
And yes I know I did wrong and no I dont need to be belittled about it. I am ashamed enough.
Again.
Many thanks
I was an !!! when I was younger and lied to tax credits. I admitted this to tax credits and they amended my payments with a reduction to recover costs. I owe roughly £7000.
I am about to move in with my partner and our combined income is £26025. I am looking to set up a direct debit and offer £100 a month as money will be going elsewhere and we feel we could comfortably afford this.
Do you think they would accept this?
Many thanks
And yes I know I did wrong and no I dont need to be belittled about it. I am ashamed enough.
Again.
Many thanks
0
Comments
-
You need to post your statement of affairs before you offer an amount. Whether or not it is accepted will be based on your incomings and outgoings - DO NOT LIE ON THIS, as they have been known to check - so until you put some relevant information up, noone can make an informed guess.0
-
DomRavioli wrote: »You need to post your statement of affairs before you offer an amount. Whether or not it is accepted will be based on your incomings and outgoings - DO NOT LIE ON THIS, as they have been known to check - so until you put some relevant information up, noone can make an informed guess.
What Dom said.
It depends on your income/outgoings and disposable income. If you have £500 disposable income each month then HMRC probably won't think it is reasonable. If you have less than a £100 then it is a more reasonable offer providing the income/expenditure is itself reasonable.
IQ0 -
We have worked out we would have about £350 a month left which would be put aside for anything needed if so be. School uniforms, car repairs, etc0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 354.3K Banking & Borrowing
- 254.4K Reduce Debt & Boost Income
- 455.4K Spending & Discounts
- 247.3K Work, Benefits & Business
- 604K Mortgages, Homes & Bills
- 178.4K Life & Family
- 261.5K Travel & Transport
- 1.5M Hobbies & Leisure
- 16K Discuss & Feedback
- 37.7K Read-Only Boards