Help on Child Tax Credits

Rayleighboy

Looking for some advice on Child Tax Credits!! Since the £50,000 earnings limit came in I have paid back overpayments for 2012-2013 tax year!! However having just filed my 2013-2014 online tax form I am told I owe over £1,000 for Child Tax Credits for the year 2013-2014 (I finally stopped the Child Tax Credit in January 2014). I thought that my tax code would have changed so that more tax was taken from my salary since April 2014 so that any money owed (just over £1,000) was paid back over the year rather than one lump sum!! Any ideas???

Icequeen99

You are talking about child tax credit in your post, but the £50,000 limit sounds like child benefit.

Can you confirm which one you are talking about as they are two completely different things?

IQ

Rayleighboy

Sorry I meant Child Benefit!!

Mrs_Soup

My husband has had his tax code changed for 2014-15 to adjust his tax for the child benefit this year but for last year 2013-14 he will have to do a tax return we understand to pay it back (we became ineligible in the middle of the year due to a significant payrise). I don't think they were able to reclaim last years via this years tax code. Sounds like you are doing the same thing.