in Benefits & tax credits
6 replies 172 views
hi i rang up taxcredits yesterday to fine out what i have to do as i went on materniry leave end of feb and got my first ma in march last year . the man explained to me that when i do my renewal in april i have to take 100 pound of i didnt understand what he ment can somone explain to me what he meant i have returned back to work now but didnt understand what he meant by take 100 pound off is that 100 pound the maternitay allowance payments then take it away from the amount i earned from work i am so confused . also since he mentioned that i ddidnt let them know in march before the new taxcredit in april that i got MA for march do i have to declar that they just went off what i earned from work that year.
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I don’t know what he meant by taking £100 off the MA. MA is not taxable and I would therefore expect MA to be ignored as income for TC but hopefully some more knowledgeable posters will be able to comment.
"Maternity Allowance will not affect your tax credits..."
I have no idea about the £100 a week (unless he was referring to your MA amount), I suggest you ring them again to clarify this and the amount of income to declare (if you are still confused after reading the first link which details reportable income for TC).
Just 1 more question I am now paying into a work pension so do I have tell them what I earn before then pension amount gets taken out or after ? As when I log into my online account my mangers has told HMRC what I earn before the pension gets taken out and info you know about pensions and tax credits please thank you
You may need to talk to your employer to check if the pension contribution is on a 'gross pay basis' or a 'net pay basis'