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will doing overtime affect child tax credits?
pamelab21
Posts: 341 Forumite
We currently get tax credits to help with childcare, I have renewed and estimated our income for the year with no overtime as we don't generally get any.
However I have had to work an extra shift to help at work as has hubby this week (typical!). Do I need to adjust anything with tax credits as it will put us slightly over what I have estimated or will the difference not mean anything to them. We are talking about £150 altogether before tax.
Just don't want to be in a position where we have overpayments!
However I have had to work an extra shift to help at work as has hubby this week (typical!). Do I need to adjust anything with tax credits as it will put us slightly over what I have estimated or will the difference not mean anything to them. We are talking about £150 altogether before tax.
Just don't want to be in a position where we have overpayments!
0
Comments
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last years income 13/14 was approx. 4.5k lower as I had mat leave and then returned to work in Sept 2013. Hubby rcvd a pay rise and i'm back to working a full year so this years estimate for 14/15 is given to them as 4.5k higher than last.
hope that makes sense?
so do you have a 5k limit that won't affect your credits?0
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