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Tax credits and partner moving in
dollydo
Posts: 135 Forumite
Hi, I'm currently a single parent to one school age child. My bf is currently in the process of selling his house and once it completes he will be moving in :j
I currently get child tax credit and a small amount of working tax credit. However once he moves in I will need to stop my claim as our earnings will be over the threshold.
My question is once the renewal comes around next year and I have to complete my declaration, do I include his salary from when he moves in ? Or is it still just based on my income for the year ?
If it just mine, I won't have an overpayment as my salary won't change, but do they then take his into account after he's moved in, even when I won't be claiming, then April to when he moves in will all have to be paid back.
Can someone please clarify for me. I understand tax credits work on yearly income, but just not sure if they will use his at the end of the year.
Many thanks
Dolly x
I currently get child tax credit and a small amount of working tax credit. However once he moves in I will need to stop my claim as our earnings will be over the threshold.
My question is once the renewal comes around next year and I have to complete my declaration, do I include his salary from when he moves in ? Or is it still just based on my income for the year ?
If it just mine, I won't have an overpayment as my salary won't change, but do they then take his into account after he's moved in, even when I won't be claiming, then April to when he moves in will all have to be paid back.
Can someone please clarify for me. I understand tax credits work on yearly income, but just not sure if they will use his at the end of the year.
Many thanks
Dolly x
0
Comments
-
blondebubbles wrote: »For your single claim you only declare your income.
You would only declare your partners income if you made a joint claim.
You have no choice but to make a joint claim when in the same home though.Lost my soulmate so life is empty.
I can bear pain myself, he said softly, but I couldna bear yours. That would take more strength than I have -
Diana Gabaldon, Outlander0 -
Blondebubbles is right. We are not planning on doing a joint claim as we will be beyond the threshold.
As soon as bf moves in I will close my single claim and not claim at all.0
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