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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
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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
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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 £32510
Mortgage end date when taken out : July 2050
Mortgage current end date : January 2047
MFW #83 Overpayments for 2026
Jan £276 Feb £300 March £324 April £323 May £400 June £400 July £3860 Aug £350 Sept £500
Daily interest £3.22
Percentage owned 50.8%1
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