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    • backinbusiness
    • By backinbusiness 11th Sep 17, 9:45 PM
    • 737Posts
    • 1,117Thanks
    Potential TC overpayment (Help Darksparkle?)
    • #1
    • 11th Sep 17, 9:45 PM
    Potential TC overpayment (Help Darksparkle?) 11th Sep 17 at 9:45 PM
    Hello experts,

    Quick further queries. (To recap - My daughter has left home for Uni and I've taken her off my claim; I've started a new job, likely this year's income will be over the 2,500 disregard, AND take me over the WTC income limit completely for the year.

    I have 2 questions:

    1. Presumably WTC will stop entirely (as I've revised my estimated income for the current tax year)?

    2. When would any overpayment become due? Is it after April '18 when figures are confirmed? Or beforehand.

    Any advice would be gratefully received.

    Thanks in advance,

    BiB x
Page 1
    • Darksparkle
    • By Darksparkle 12th Sep 17, 6:55 AM
    • 5,192 Posts
    • 3,386 Thanks
    • #2
    • 12th Sep 17, 6:55 AM
    • #2
    • 12th Sep 17, 6:55 AM
    1) would assume so but depends entirely on your award and how much already paid
    2) overpayment will be finalised after the end of the tax year and you confirm your actual income
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