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If I have 8k income rather than £7700 does CTC award me less the next year ?

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If I have 8k income rather than £7700 does CTC award me less the next year ?

edited 30 November -1 at 1:00AM in Benefits & Tax Credits
1 reply 363 views
nicdigbynicdigby Forumite
81 posts
edited 30 November -1 at 1:00AM in Benefits & Tax Credits
Still struggling to find out if an official error payment should be counted as income when I declare my annual income on the child tax credits renewal form.

If I err on the side of caution and eg say I earned £8000, (when actually it was £7700 plus £300 official error payment which they’ve said I don’t have to repay), will they calculate my award for the coming tax year as that I will receive £300 less child tax credits?? ie is there a threshold or system by which if I earn more then I receive less CTC next year?

If not then I will just declare the higher figure (because the CTC helpline don’t know the answer either).

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