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WTC overpayment , how is it paid back ?
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justwhat
Posts: 723 Forumite
My partner and i are SE. Our profit is approx 17k over our estimation for last year.
How will they take repayment on WTC?
Also we will defiantly not make a profit anywhere near what we made last year . eg. if HMRC estimate last years profit for next years then it will be incorrect.
How will they take repayment on WTC?
Also we will defiantly not make a profit anywhere near what we made last year . eg. if HMRC estimate last years profit for next years then it will be incorrect.
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Information I post is for England unless otherwise stated. Some rules may be different in other parts of UK.0
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You can change your income estimate online. For example I’m going to be on maternity leave so updated it with an estimate for the adjusted pay.
MFW diary: https://forums.moneysavingexpert.com/discussion/6254913/never-a-good-time-but-here-goes#latest
Original MF date: October 2036 (£81,500)
Outstanding Jan 2021: £55070
Outstanding July 2025: £16597
EF 10000 / Savings toward neutral: £2600
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I realise it's a typo (or autocorrect in action) but I like the idea of defiantly not making a profit. Strike a pose!justwhat said: Also we will defiantly not make a profit anywhere near what we made last year .Information I post is for England unless otherwise stated. Some rules may be different in other parts of UK.2
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