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
child tax credits question
tentickles666
Posts: 833 Forumite
we oly get child tax credits which i thought everyone with a child got so why are they now asking for my p60 details etc? im really scared they are going to try and say they have paid us too much but i really believed eveyone got this? am i wrong?
0
Comments
-
Child Tax Credits are still based on income even if you don't get Working Tax Credits. You can get Child Tax Credits if you earn up to £58,000 a year, slightly more if you have a child under 1.0
-
Child benefit is what everyone with a child gets regardless of income - child tax credits are based on your income as Mrs B states.helenathena wrote: »we oly get child tax credits which i thought everyone with a child got so why are they now asking for my p60 details etc? im really scared they are going to try and say they have paid us too much but i really believed eveyone got this? am i wrong?
LisaBrassic!0 -
Child Tax Credits are still based on income even if you don't get Working Tax Credits. You can get Child Tax Credits if you earn up to £58,000 a year, slightly more if you have a child under 1.
well i can definately 100% sure say we dont earn £58,000 im afraid!
has anyone had to pay back child tax credits or is it only working tax credits?0 -
When you apply for tax credits you apply for both WTC and CTC. You give them all your details and they work out what elements of Working Tax credit and Child tax credit you are eligible for. They then taper those elements away according to your household income.
So you may be eligible for
WTC - basic, 2nd adult, 30 hours elements and
CTC - baby, child and family elements
but by the time your income has been taken into consideration your WTC has been tapered away totally leaving you receiving only some of the CTC.
That's why they need you to confirm your income details at the end of the tax year.This is a system account and does not represent a real person. To contact the Forum Team email forumteam@moneysavingexpert.com0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 354K Banking & Borrowing
- 254.3K Reduce Debt & Boost Income
- 455.3K Spending & Discounts
- 247K Work, Benefits & Business
- 603.7K Mortgages, Homes & Bills
- 178.3K Life & Family
- 261.2K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.1K Discuss & Feedback
- 37.7K Read-Only Boards
