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Possible overpayment
Happydays3
Posts: 82 Forumite
Hello
The tax credits people have my husband down for earning estimated at £33k for this year, last year was £30k. . I earned in carers 1400, this year 3400. Could anyone work out the overpayment if my husbands salary was actually £36k by end of tax year and how much we would have to pay back? Thank you.
The tax credits people have my husband down for earning estimated at £33k for this year, last year was £30k. . I earned in carers 1400, this year 3400. Could anyone work out the overpayment if my husbands salary was actually £36k by end of tax year and how much we would have to pay back? Thank you.
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Comments
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Happydays3 wrote: »Hello
The tax credits people have my husband down for earning estimated at £33k for this year, last year was £30k. . I earned in carers 1400, this year 3400. Could anyone work out the overpayment if my husbands salary was actually £36k by end of tax year and how much we would have to pay back? Thank you.
Impossible to say without knowing how many kids, any disabled etc0 -
Oh sorry...
2 children both recieve high rate dla so we get the disability premium0 -
An additional £3,000 in income would cause an overpayment of approx £1,2300
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Many thanks for that also as we pay childcare too...it's our 1st year doing so and we get some towards it...do I send in the last 12 months invoices from nursery on renewal?0
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Would they stop the tax credits till paid off?0
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You only need to provide proof if they ask for it.
They will take back a percentage until repaid (likely 50% based on your level of income).0 -
Thanks for ur help! That's great0
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