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!
Tax credits overpayment
Izzy1479
Posts: 2 Newbie
Hi , I’ve just received a letter saying I owe overpayment on tax credits I don’t receive tax credits anymore. Would I be allowed to pay some each month does anyone know ? Can’t afford it in one go
0
Comments
-
Yes - they were really helpful when we spoke to them. They asked how much we could afford to pay back per month and set up a monthly plan (this was in November).1
-
Yes definitely - mine is going to take 10 years to pay back at the rate I can afford. They didn't bat an eyelid.User name should now read NowWhereIWantToBe
Amount overpaid so far £8298 (2022)
Overpayment ready to add to funds when fixed deal runs out July 2027 £25550
Mortgage end date when taken out : July 2050
Mortgage current end date : January 2047
MFW #83 Overpayments for 2025
Jan £304 Feb £346 Mar £298 April £344 May £214 June £200 July £200 Aug £227 Sept £400 Oct £505 Nov £450
Daily interest £3.33
Percentage owned 49.2%1
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 352.7K Banking & Borrowing
- 253.8K Reduce Debt & Boost Income
- 454.6K Spending & Discounts
- 245.8K Work, Benefits & Business
- 601.9K Mortgages, Homes & Bills
- 177.7K Life & Family
- 259.7K Travel & Transport
- 1.5M Hobbies & Leisure
- 16K Discuss & Feedback
- 37.7K Read-Only Boards