No longer entitled to tax credits - overpayment?

MsShorty

Up until recently, I was receiving a small amount of child tax credits, for my remaining child still in education.

At the beginning of July, my youngest son left college and I informed tax credits accordingly on the day he finished his course.

Despite advising them immediately, I have been overpaid to the tune of £65, as sometimes happens.

When I received my provisional award for 2015/2016, it states that my payments have now stopped (obviously) and that 'If nothing else changes before 5 April 2016, you will be overpaid for this award period by £65.43.

We intend to collect this from future award(s) by reducing your payments under section 29(4) of the Tax Credits Act 2002.'

Am I right in assuming:

• If my income for 2015/2016 remains the same/within the £5000 disregard, the overpayment will be finalised as above?

• As I will no longer be entitled to tax credits, they will request settlement of the overpayment when my claim is finalised in April 2016?

Just wanted to check as I intend to put the money to one side to settle the overpayment and don't want a nasty shock, i.e. the overpayment being more than I was expecting.

Thank you in advance.

MsShorty

Thanks, blondebubbles.


I thought that was the case, just wanted some reassurance that I fully understood!


I wasn't aware that I could make a payment now, though. Good to know. Will probably wait for the renewals window to close and for the yearly 'chaos' to die down, before contacting them about it.


Thanks again.

MsShorty

Thanks, Blondebubbles.


Something else new I have learnt today!

Ellie_and_annie

Blondebubbles. Can you help me please. My partner was working away training to be a manager. Amd he thought he had till 30th August. Well low and behold. My tax credits has been stopped. We now have no money. What can we do. We have an 8 year old and a 11 months old. And desperate need money.

Can you please help
Many thanks liz xx

Ellie_and_annie

Hi there we have had our tax credits stopped. My partner was working away training to be a manager. And we have 2 children. 8 years old next Tuesday and a 11 months old. We don't have food etc. And are totally desperate for money. What can we do. I'm really upset. Can someone help
Many thanks. Liz

Caz3121

Ellie_and_annie wrote: »

Hi there we have had our tax credits stopped. My partner was working away training to be a manager. And we have 2 children. 8 years old next Tuesday and a 11 months old. We don't have food etc. And are totally desperate for money. What can we do. I'm really upset. Can someone help
Many thanks. Liz

Have you been notified why they stopped. You mention about the 30th August, have you not sent your renewal notice back?
How long till your husband gets his salary? when is the child benefit due? no food in the cupboards/freezer? any family that can help out?
Have you phoned tax credits this morning?