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Child Benefit Clanger - been wrongly receiving for years!
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moneyspendy
Posts: 15 Forumite
Hello all
We have realised that we have been receiving CM for a couple of years when I'm pretty sure we shouldn't have. I know this may sound far-fetched to many folks on here who are very money-savvy but it has been a genuine error and I fully expect to have to pay it back. My question is really around the process and whether I should do anything before contacting the appropriate folks - I believe some people in our situation have also been fined but that if you 'self-declare' in this way you may avoid a fine. Is there any truth to this? Also, I assume the CM people will calculate the repayment amount, but do they have a reputation for getting this calculation right or should I be closely checking it?!? I am guessing it is a fairly cut and dried case - we have both been PAYE earners since the legislation change in, what 2014?, with no complicated savings or pensions set up. Thanks for any advice.
We have realised that we have been receiving CM for a couple of years when I'm pretty sure we shouldn't have. I know this may sound far-fetched to many folks on here who are very money-savvy but it has been a genuine error and I fully expect to have to pay it back. My question is really around the process and whether I should do anything before contacting the appropriate folks - I believe some people in our situation have also been fined but that if you 'self-declare' in this way you may avoid a fine. Is there any truth to this? Also, I assume the CM people will calculate the repayment amount, but do they have a reputation for getting this calculation right or should I be closely checking it?!? I am guessing it is a fairly cut and dried case - we have both been PAYE earners since the legislation change in, what 2014?, with no complicated savings or pensions set up. Thanks for any advice.
0
Comments
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Are you talking about child benefit?0
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https://www.gov.uk/repay-child-benefit-overpayments
You should get in contact with them ASAP.0 -
Sorry, yes - of course I mean Child Benefit.0
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