Babies, biscuits, boobs and budgetting!

Snaggles

Gahhh, tax credits.....I've just noticed we've had an award notice for 08/09. Can anyone shed any light on this?

On the back page, it is split into various elements:

Working tax credits shows we are entitled to nil

Childcare element shows we are entitled to nil

That's all fine, and as I expected. But what has stumped me is the Child Tax Credit element. It says:

Child elements for children

Ryan Snaggles, Natasha Snaggles
2 qualifying children from 06/04/08 to 05/04/08 (365 days) £4175.60

Family elements

Basic from 06/04/08 to 05/04/09 (365 days) £547.50
Baby from 06/04/08 to 08/05/08 (33 days) £49.50

Total Child Tax Credit elements £4772.60
Reduction due to your income £1443.12

Amount for period £3329.48



Why are they trying to give us £3329.48? It's not the childcare element, because that says nil. I presumed that because we weren't entitled to any help towards childcare, our tax credits would be £547.90 plus the £49.50 baby element as Natasha isn't one until 9/5/08. So where the hell has the £4175.60 come from?

Snaggles

postingalwaysposting wrote: »

Well she has just had a op and a scare of breast cancer. Now its just me and her left I want to do something special and her room hasnt been touched since dad left. So thats what we will be up to next week Bless her though, she looks so cute in that cast with the little duck sat on her knee. She will eb fine and I am sure ryan will be too, as long as he now understand its an accident and the world isnt going to end

Oh dear, that must have been scary - has she had the all-clear?

jacs76

dont ask me snags mine has gone down, just in case i have a child over 16 or past their 1st birthday !!!!!! they know what my kids dates of birth are!!!

sorry to hear about tasha, you are very lucky as you know the story of what happened to dan when he dared break his arm!
i hope you are all ok hunny xx

postingalwaysposting

Snaggles wrote: »

Oh dear, that must have been scary - has she had the all-clear?

Yes she has for now, thank heavens but her yearly scans (which she had since she turned 50, to check) has now been moved to 3 monthly. Quite a scary thought really.

Snaggles

They're mad aren't they - that's more tax credits than I got last year, when I wasn't working! :rotfl:

A very naughty thought crossed my mind - if I just let them keep paying it all year, I could pay it into my mortgage account, and basically stooze off the HMRC for 12 months, to reduce the interest on my mortgage...then when they notice, just pay it back! :rotfl:

I wont, of course, but it was tempting, for a few seconds!

Yes, I'm fine thanks Jacs hun, how are you?

Gemmzie

Ask on the Tax Credits board Snags, there's an advisor over there

Snaggles

I was a bit scared to Gemmzie - it can get a bit....lairy.....on there! :rotfl: But I might brave it tomorrow if I don't get any sense out of them when I ring. How's the essay going?

Snaggles

Arrgghhh.....phoned the tax credits people and they are really insisting that they want me to have the £253 a month, despite me telling them it's more that I got last year, when our incomes were a lot less! :rolleyes:

She said if I wait for my renewal notice and then ring up to renew, that should sort it all out, but in the meantime they have to keep paying me.....so by the time I get my renewal pack, they will have overpaid me and I will have to pay it all back. Gahhhhhhh!!! :mad:

At least I know I will most likely end up doing that, so I can keep the money to one side (offsetting my mortgage ) but honestly, what a silly system.

supersavershal

The tax credit people are a joke, its the strangest system I have ever known.When do the renewal notices come out?
Ive been getting £171 a month since I went back to work, im sure its too much but they said thats correct and like you they have to keep paying it to me.

immoral_angeluk

OMG I only just read the post about natty!!!!!!!!!!!!! Poor Ryan bless his heart. The scrapes they get into eh? Glad she's ok if cast-laden. Poor little mite!