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Income disregard 2 years on - desperate for advice!

Hi, this is my first post here so sorry if this is something that's been asked before but I can't find any info anywhere.

I started claiming tax credits in January this year. My income details are below:

2012/2013 - £3500 (what my initial award was based on)
2013/2014 - £9800

And going forward from now on I am earning £7800 a year. The £9800 was because I received a one off payout from work. My question is this: because 7800 is not 2500 lower than 9800 I know the income disregard will come into play for this year but what about next year? As my income should stay at a steady £7800 will the tax credits award always be based on £9800?

Sorry if this doesnt make sense! I know what I mean, just hope someone else does! I've recently become a single parent and am desperately trying to work out my finances - can't get through to tax credits to ask them.

Comments

  • Thanks so much for your reply - I was just confused as to whether they would keep basing it on £9800 forever because £7800 is not enough less for them to recalculate.

    It doesn't seem like that's the case though. Thanks again.
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