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Could someone help with this child tax credit calculation?
evosy1978
Posts: 652 Forumite
Hello,
Im a little confused in the difference between 2 years reviews.
2014/2015 & 2015/2016
without going into too much detail
total income for 14/15 was £28500 so i would get £5504 and there was a reduction due to my income of £1588
total income for 15/16 was £29100 so i would get £5453 and there was a reduction due to my income of £654
I was confused as to why there is a £900 difference in the reduction...
thanks
Im a little confused in the difference between 2 years reviews.
2014/2015 & 2015/2016
without going into too much detail
total income for 14/15 was £28500 so i would get £5504 and there was a reduction due to my income of £1588
total income for 15/16 was £29100 so i would get £5453 and there was a reduction due to my income of £654
I was confused as to why there is a £900 difference in the reduction...
thanks
0
Comments
-
Hello,
Im a little confused in the difference between 2 years reviews.
2014/2015 & 2015/2016
without going into too much detail
total income for 14/15 was £28500 so i would get £5504 and there was a reduction due to my income of £1588
total income for 15/16 was £29100 so i would get £5453 and there was a reduction due to my income of £654
I was confused as to why there is a £900 difference in the reduction...
thanks
Hard to say - what was your 13/14 income figure?
IQ0 -
It was £325000
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