Another Tax Credits Question?

iwillgetthere_2

I have just phoned Tax Credits to do my renewal and i just don't get it!! suprise

I was on maternity leave, recieving SMP for 39 weeks, for which i thought i put down the full salary for them weeks as if i was earning on a full time week and then take off £100 for each of the 39 weeks.

I just spoke to them and have been told they don't do this, but they do deduct £100 a week for each week i was on smp, not taking me as if i was on a full time salary?

I thought they deduct £100 from what would of been my fulltime wages for them 39 weeks?

But they take it from the SMP only not a fulltime figure which works out me earning £12.50 for the 39 weeks?

I'm so confused, so they asked for the figure from my last wage slip for the year and then took £3900 off for the 39 weeks smp?

If this is correct it means i gave them a figure of £12000 for last year instead of £5000, this is giving me a headache!!

So am i right or are they right? so scared of being overpaid.

I would be so grateful if someone could clarify this for me? If i have explained this clearly enough? Doing my head in even after talking to them.

lizsara

I called them about mine and the man on the phone worked it out as you have said (ie you only put down 12.50 for 39 weeks)

You earned 112.50 per week and you take off 100 of that. I was surprised too!

mookie

They are right, i have just done mine and was given the exact same information. When I asked the lady I spoke to said take the years total figure off of P45 or P60 and deduct £3900. Which is what they seem to of done for you.

If you gave them an estimate of your predicted earnings as £12000 but actual income was £5000 they will pay a back dated payment as they calculated your payments for the year on your predicted £12000 figure.

iwillgetthere_2

Oh thanks for your replies, i was worried in case they gave me the wrong information.You've stopped me being confused!

No wander i've been struggling all year with my payments!! I'm so silly!!!

So fingers crossed they will backdate some payments, could do with some extra cash right now! but then who couldn't.

Just hope I don't lose out because of my stupid mistake.:eek: Thats a scary thought specially as i've been struggling so much.:rolleyes:

mookie

You wont lose out, i gave them a figure which was a lot less than my actual income, one of the advisors told me I was owed a back dated payment and told me roughly how much it was but it would not get released until my declaration was received. From what i could make sense of they dont pay the money on this maternity stufff until the declaration has been given.

I dont think you have made any mistake because I told them earlier and they did not want the details and told me to declare it at end of year.

iwillgetthere_2

Oh thanks mookie you've been so helpful, nightmare with money when you have children!

When your on your own you know whats coming in and going out then it all changes and you don't know whats coming in, it changes so much!

You've definately put my mind at rest! so much appreaciated. :beer:

fi_trix29

Think it's pretty much been covered above but just to reitterate that this is correct.

For example if your normal salary was £10000 a year but you were on maternity leave for 39 weeks and only got paid £7000 say, then the income you would declare is £3100