Tax Credits Renewals - 2014

1robert1

blondebubbles wrote: »

Was the maternity pay more than £100 per week?

If so take the total pay on the P60 then you deduct £100 per week for the number of weeks in maternity pay in that tax year eg 18 weeks maternity pay would be £1800

Thank you. Yes her pay is more than £100 so would i just take the gross figure or the one minus deductions and then subtract the £1800? this is all so complicated ha!

System

blondebubbles wrote: »

Do you mean you haven't received it or you have completed it but not heard back yet?

Not received it yet

I have no idea how this renewal thing works

Also should I have been sent a p60 or something?

welshone1

blondebubbles wrote: »

If you read the OP the dates are on there. Have a look at which one applies to you and if the date has passed then give them a call.

Your employer is required to provide a P60 by the end of May.

Hi blondebubbles how do you know which category you fall into with the renewals dates?

davenport151

davenport151 wrote: »

A bit late now for you but on last years renewal it usually has payments for April/May and beyond for 2014 as provisional payments. It's stated as 'Taking account of changes that we can predict'.

I guess this is so the overpay is not too much.
I am wise to this now and make a note of when payments change before new award has gone through.
Might help others though.

Worth a repeat of this as the same query keeps coming up.

System

blondebubbles wrote: »

If you read the OP the dates are on there. Have a look at which one applies to you and if the date has passed then give them a call.

Your employer is required to provide a P60 by the end of May.

13th of June it is then

Few weeks left of May but will remember to chase up employers

Thanks for the help feeling a bit less worried for now!

One more question you might be able to help with, I think I should have received an nhs exemption cert but moved house and never got it. Do they send one out each year? I should have chased it up but I've been a bit lax and haven't yet

kerryallc71

ours was renewed on the 6th of may ( automatically ) because when i gave them my husband wage figure last year ( june 2013 ) they had put my husband wage figure in the benefits in kind section and not in the wages section by accident , so when it came round to doing the provisional payments for 2014/15 , before i renew when i get our renewal package ( which we still have not received yet ) they added together both , they added the benefit in kind ( which should of been wages ) and the estimated wage tax credits think what my husband may have earned for 2013/14 . very confusing and im confused . anyway they had added both figures together and they thought that my husband had earned a wage plus received a benefits in kind as well , making our income double to what it was , lowing our tax credits and causing us a overpayment . the lady has amended it and recalculated it with our actual income for 2013/14 , which we will have to redo when the renewal package arrives .

FRESTER

kerryallc71 wrote: »

ours was renewed on the 6th of may ( automatically ) because when i gave them my husband wage figure last year ( june 2013 ) they had put my husband wage figure in the benefits in kind section and not in the wages section by accident , so when it came round to doing the provisional payments for 2014/15 , before i renew when i get our renewal package ( which we still have not received yet ) they added together both , they added the benefit in kind ( which should of been wages ) and the estimated wage tax credits think what my husband may have earned for 2013/14 . very confusing and im confused . anyway they had added both figures together and they thought that my husband had earned a wage plus received a benefits in kind as well , making our income double to what it was , lowing our tax credits and causing us a overpayment . the lady has amended it and recalculated it with our actual income for 2013/14 , which we will have to redo when the renewal package arrives .

Pleased you got it sorted.
It's surprising how often a mistake their end is to blame for a sudden decrease in payments.

kimbo2308

I today recieved an underpayment on my tax credits, called to queryed this and they said it was due to renewals and them using employers real times info? I explained my p60 figure dosent include the 100 a week deduction i can minus for matnerity pay. i asked if i could then confirm myself and husbands p60 figues but she said i had a form and letter regarding this on its way to me. does anybody know any more about this form or about the matnerity dedcutions. they also said they had the figure from my husbands p60 but it was 2000 more then i had on the actuall paper p60?? confused.

davehughes182

kimbo2308 wrote: »

I today recieved an underpayment on my tax credits, called to queryed this and they said it was due to renewals and them using employers real times info? I explained my p60 figure dosent include the 100 a week deduction i can minus for matnerity pay. i asked if i could then confirm myself and husbands p60 figues but she said i had a form and letter regarding this on its way to me. does anybody know any more about this form or about the matnerity dedcutions. they also said they had the figure from my husbands p60 but it was 2000 more then i had on the actuall paper p60?? confused.

the form they are referring to may be your annual declaration and its when you receive that that you can make ammendments to your income with regards to your Mat Pay. As for your partners income being different, that can also be challenged although you may need to provide evidence of his P60 as the info they receive is direct from the employers tax returns.

HTH

kimbo2308

davehughes182 wrote: »

the form they are referring to may be your annual declaration and its when you receive that that you can make ammendments to your income with regards to your Mat Pay. As for your partners income being different, that can also be challenged although you may need to provide evidence of his P60 as the info they receive is direct from the employers tax returns.

HTH

Thank you i will wait for the letter and form and then possibly send them a copy of my husbands p60. Obv this year i will be earning more as im back working so is it a good idea to advse them of my expected earnings this year so i do not recieve any overpayments.