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tax credit overpayment
nikkijb
Posts: 18 Forumite
hiya could anyone help me please
last year i told tax credits that hubbys annual income would be estimated at 28k
ive had my renewal pack and worked out actual income lastnight and its actually 33,201
so i underestimated by 5,201
im worrying sick now that im going to owe them loads of money
does anyone know approx how much i will owe and will they allow me to pay it back in installments?
thankyou
last year i told tax credits that hubbys annual income would be estimated at 28k
ive had my renewal pack and worked out actual income lastnight and its actually 33,201
so i underestimated by 5,201
im worrying sick now that im going to owe them loads of money
does anyone know approx how much i will owe and will they allow me to pay it back in installments?
thankyou
0
Comments
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hiya could anyone help me please
last year i told tax credits that hubbys annual income would be estimated at 28k
ive had my renewal pack and worked out actual income lastnight and its actually 33,201
so i underestimated by 5,201
im worrying sick now that im going to owe them loads of money
does anyone know approx how much i will owe and will they allow me to pay it back in installments?
thankyou
It depends on what your 2012/13 joint income was.
IQ0 -
2012/13 income was really low approx 15k i think,i cant find my award notice for that time now0
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thankyou so much for your help
i was just worried that because i owe them,that i would have to pay it back in a lump sum which just isnt posible atm
i spoke to a lovely lady this morn who explained that il be able tp pay back in installments so that put my mind at ease
thanks again0
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