We’d like to remind Forumites to please avoid political debate on the Forum.

This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide

Tax credits reduction help please

2»

Comments

  • calcotti
    calcotti Posts: 15,696 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    Tax credits are generally based on previous year earnings. I would therefore expect this:
    Your 18/19 tax credits are based on your 17/18 earnings.
    Your 19/20 tax credits are based on your18/19 earnings.
    As your 18/19 earnings are higher than your 17/18 earnings your 19/20 tax credits will be lower than your 18/19 tax credits. However this would not explain a change of £150/week.
    Has anything else changed?
    Information I post is for England unless otherwise stated. Some rules may be different in other parts of UK.
  • Thanks. I thought they would be lower slightly due to the roughly £700 increase of earnings in 18/19 but I wasn't sure if that would be covered by the disregard.

    I spent an hour on the phone today to a really nice advisor who did some investigating and he couldn't work out why they have tapered my award by so much. He thinks it could be a change of circumstances issue but nothing has changed in my circumstances for years. I had a baby 2 years ago which I informed them of straight away and they knew about my smp due to the deductions I had to make from my income. He has passed it to the back office and I am awaiting a response within 7 days.

    So new question... If there has been an error on tc part and I've done everything by the book can I fight this? I dont know how I'm going to pay for my childrens nursery and school club fees from here on.
  • calcotti
    calcotti Posts: 15,696 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    If they identify an error they’ll correct it.
    Information I post is for England unless otherwise stated. Some rules may be different in other parts of UK.
  • Fingers crossed. Hopefully I will hear from them soon. Thank you
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 354.3K Banking & Borrowing
  • 254.4K Reduce Debt & Boost Income
  • 455.4K Spending & Discounts
  • 247.3K Work, Benefits & Business
  • 604K Mortgages, Homes & Bills
  • 178.4K Life & Family
  • 261.5K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16K Discuss & Feedback
  • 37.7K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.