figures for tax credit renewal?

xxcmcmoxx

Hi

I was on maternity leave last year from june 2013 till march 2014 so I updated tax credits after baby was born that i was receiveing stat mat pay and they updated my earnings for the year. When it comes to renewal this year do I use my earnings from last year? or what I will earn from april 2014-2015?

Thanks

xxcmcmoxx

Hi

they used my income for year 2013-2014 for last year claim when i updated in july because it dropped due to being on mat pay so my income will increase for 2014-2015? my income will increase by less by £5000? do i wait till my renewal comes through or call and update now?

thanks

SmokieJoe

blondebubbles wrote: »

The renewal asks you for your actual income for 2013/14. If your 14/15 income will be different then this is a change or circumstances so you need to call to change that.

If on SMP you can deduct £100 per week of your SMP for a maximum of 39 weeks so for example, if on SMP for 39 weeks, deduct £3900 from your P60 income.

Whether they use 13/14 or 14/15 income to calculate your claim depends on the figures.

You can only deduct £100pw if your SMP was equal or greater than £100pw for the weeks that you got SMP between 06-04-2013 to 05-04-2014. If your income this year is going to be under £5000 than last years declared income, you can tell them when you do your renewal as last years income will still be used for the award year.

xxcmcmoxx

Hi

I phoned today and gave them my estimated income for 14-15 which is going to be higher than last year as I was on mat pay? the girl on phone said everything was fine and i will get an one off payment. not sure why I would get a payment when my income has increased?

xxcmcmoxx

hi my income last year was 4600 that was less 3900 of mat pay my income for this year is going to be about 9500? thanks

xxcmcmoxx

thanks for your help