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 OVERPAYMENT
PM22
Posts: 281 Forumite
I have been overpaid. tax credits by £2282. How do I go about paying this back? Will they accept £50 a month or will they want all my surplus income? Please advise....
0
Comments
-
When I was over paid they said what can you afford I said £5 as a joke they accepted it, no proof needed at all, they have access to income etc.I have Dyslexia which is a learning difficulty that primarily affects the skills involved in accurate and fluent word reading and spelling so some post may not make sense.0
-
Absolutely. Ours was over £3k and I offered £50pm repayment, which was readily accepted. Remember there is no interest on this ‘debt’, so just phone them up and offer what you can afford. They’ll want to set up a direct debit but you can choose the date it comes out.0
-
Are you currently still claiming tax credits, have you been migrated to universal credit, or has your claim ended ?I’m a Forum Ambassador and I support the Forum Team on the Debt free wannabe, Credit file and ratings, and Bankruptcy and living with it boards. If you need any help on these boards, do let me know. Please note that Ambassadors are not moderators. Any posts you spot in breach of the Forum Rules should be reported via the report button, or by emailing forumteam@moneysavingexpert.com. All views are my own and not the official line of MoneySavingExpert.For free non-judgemental debt advice, contact either Stepchange, National Debtline, or CitizensAdviceBureaux.Link to SOA Calculator- https://www.stoozing.com/soa.php The "provit letter" is here-https://forums.moneysavingexpert.com/discussion/2607247/letter-when-you-know-nothing-about-about-the-debt-aka-prove-it-letter0
-
Just to say oh pants, especially if you didn't know you were being overpaid. Yep I've had a reasonable agreement with them to repay overpayments for six months or so. Initially many years ago they used to just take a huge chunk but in recent times it's been far easier to agree a set amount per month on a repayment planPM22 said:I have been overpaid. tax credits by £2282. How do I go about paying this back? Will they accept £50 a month or will they want all my surplus income? Please advise....Jan 18 Joint debts 35,213
Mortgage Jan 18- 77224 Jan 26- just under 64k
June 25 Debts in my name were £5170. Now 5178 (Jan 26)
DH debts ?? at a guess £15k0 -
Thanks everyone, my claim has ended long ago. I'm surprised it's taken this long for them to contact me. I'll offer £10 a month and tell PayPlan. Thanks again....0
-
I've long thought that a system that has built in overpayments that require to be clawed back is intrinsically flawed. Glad you've got a solution. BiB xDF
0
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 353.7K Banking & Borrowing
- 254.2K Reduce Debt & Boost Income
- 455.2K Spending & Discounts
- 246.8K Work, Benefits & Business
- 603.3K Mortgages, Homes & Bills
- 178.2K Life & Family
- 260.9K Travel & Transport
- 1.5M Hobbies & Leisure
- 16K Discuss & Feedback
- 37.7K Read-Only Boards