Tax Credits Renewals - 2015

zagfles

chazbear32 wrote: »

13/14 was 11696 and 14/15 was 9296.

Did you give them an estimate at any point?

chazbear32

No I have never given them an estimate.

too_much_debt

Hi (sorry I got your user name wrong above was typing fast and don't know how to change it).

OH has got paid today and I think they are still deducting his pension after tax and wondered if you could be so kind as to check if I post the details please?

Total payments £2362.84

Total Deductions (Tax 295.80, NI Contracted in 202.90 and Pension 113.23)

Cumulatives

Total Gross 7240.49
Taxable Gross 7240.49
Tax paid 917.60
Employees NI 626.94
Employers NI 719.32
Stak'able gross 6,677.17
Ees pension 347.20
Ers pension 1335.44

Net payment: £1,750.91

I'm really starting to get annoyed with this new company and the HR woman.

If you could be so kind as to please let me know if the pension has come off after tax again and not before as it should then I will send her another e-mail tonight asking for Payrolls e-mail.

I've renewed my tax credits today on the figure on his P60 and don't want next years figure to be more than it should like this time.

Thanks in advance.

TMD

zagfles

too_much_debt wrote: »

Hi (sorry I got your user name wrong above was typing fast and don't know how to change it).

OH has got paid today and I think they are still deducting his pension after tax and wondered if you could be so kind as to check if I post the details please?

Total payments £2362.84

Total Deductions (Tax 295.80, NI Contracted in 202.90 and Pension 113.23)

Cumulatives

Total Gross 7240.49
Taxable Gross 7240.49
Tax paid 917.60
Employees NI 626.94
Employers NI 719.32
Stak'able gross 6,677.17
Ees pension 347.20
Ers pension 1335.44

Net payment: £1,750.91

I'm really starting to get annoyed with this new company and the HR woman.

If you could be so kind as to please let me know if the pension has come off after tax again and not before as it should then I will send her another e-mail tonight asking for Payrolls e-mail.

I've renewed my tax credits today on the figure on his P60 and don't want next years figure to be more than it should like this time.

Thanks in advance.

TMD

Definitely coming off after tax.

zagfles

chazbear32 wrote: »

No I have never given them an estimate.

Can't see why you'd have an overpayment based on income then, has anything else changed eg childcare costs? Working hours?

too_much_debt

zagfles wrote: »

Definitely coming off after tax.

Thank you so much!


Will definitely get onto the Payroll department. OH has the woman's e-mail address so will send a message later. Hopefully it will get sorted out for next month.

chazbear32

I am waiting for the finalised award paperwork to see what is on there . The lady I spoke with said there had been 1 extra payment ?! Thus why there was an overpayment . She did not seem to know much and was keen to get me off the phone ! It is baffling me and I cannot believe I have to wait 2 weeks for the paperwork. There haven't been any changes to childcare or hours everything stayed the same from April .

too_much_debt

zagfles wrote: »

Definitely coming off after tax.

Hi Zagfles


Got this reply from the HR woman.


Please see below the answer to your pension query:


· The pension letter you received from Standard Life states an approximate deduction of £130.00, this is based on a 6.5% contribution of earnings


· The calculation was based on your incorrect salary where you were effectively being paid LWA & Ealing Allowance twice, therefore the calculation of £130 was 6.5% of this incorrect salary amount


· Your salary was amended, the contribution amount changed due to a reduction in your salary, it is further reduced – to approx. £113.00 due to the repayments that you are currently making, each month the deductions may vary if there is a fluctuation in your salary – albeit only a small amount normally.


· Your actual deductions based on your current salary calculate to £120.74 – when you calculate your pension contributions at the end of the year the over payments and deducted payments will average your pension contributions to this amount.


· Lastly your enquiry regarding when pension deductions are made – pre / post tax. You opted for a 6.5% contribution plan, the company deduct 5.2% after tax which equates to 6.5% pre-tax.

For the purposes of WFTC your monthly contributions average to £120.74 p/m. I hope this clarifies your situation.


So does this mean that OH is being paid the right amount?


Thanks
TMD

Bear_time

10 weeks in and still not completed. Tomorrow I can call as it's passed the deadline

hollyboo12

Can you please let me know how you get on? It been 10 weeks monday for me, they say my renewal is with complience but I haven't recieved anything. I've not been asked for any further information. Also I was unaware my renewal was with them until yesterday. At first they said it was concentrix, rang them and they said we never even opened hour claim. So upon ringing tax credits AGAIN she said it was with complience? I just don't understand 10 weeks, I've not been contacted by complience at all! :mad::mad: anyone else experienced this please