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Forgot to tell tax credit about new job?

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Please don't shoot me, I know it's really bad. I started a job last September, and I completely forgot to tell the tax credit office.
I was earning under £5000 p/a, but have now been promoted and will be earning more. I was just looking at the HMRC page to see what to do about telling them, and realise I should have told them back in September. I am scared I am going to get a fine or worse :(.
Does anyone have any advice?
Thanks

Comments

  • TELLIT01
    TELLIT01 Posts: 18,041 Forumite
    Part of the Furniture 10,000 Posts Name Dropper PPI Party Pooper
    Tell them now because the situation won't get better by ignoring it. You're not going to get anything worse than a fine. You could try telling them you're really a multi-millionaire with money stashed in a Swiss bank account - that seems to work!
  • I'm definitely going to tell them now, as my income has gone up. Before I was earning well under 5000 so I don't think it would have affected it, but now I have gone over that.
    I am just really worried about it.
    Thanks.
  • They will adjust any overpayments in next years award.

    Good luck in getting through to them on the phone lines- that will cost you your pay rise!!
  • Not always. Some providers will include 03 numbers in your free minutes

    All providers include 03 numbers in your free minutes, and that includes mobiles.
    "There are not enough superlatives in the English language to describe a 'Princess Coronation' locomotive in full cry. We shall never see their like again". O S Nock
  • I am doing min 16 hrs p/w, and partner does 10 +
    Thanks
  • Anyone got the FAX number for Tax Credits
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