Your browser isn't supported
It looks like you're using an old web browser. To get the most out of the site and to ensure guides display correctly, we suggest upgrading your browser now. Download the latest:

Welcome to the MSE Forums

We're home to a fantastic community of MoneySavers but anyone can post. Please exercise caution & report spam, illegal, offensive or libellous posts/messages: click "report" or email forumteam@.

Search
  • FIRST POST
    • Dandytf
    • By Dandytf 9th Mar 18, 8:50 PM
    • 1,227Posts
    • 403Thanks
    Dandytf
    O/T extra earnings-wtc
    • #1
    • 9th Mar 18, 8:50 PM
    O/T extra earnings-wtc 9th Mar 18 at 8:50 PM
    Hi mser痴
    As i知 due to start working some additional hours which initially will be claimed as overtime.
    Could the extra effect working tax credits as they are currently based on my part time salary.hours
    I値l be working maybe 7.5 hrs or 1day extra then maybe try 5 days full time in a few weeks as I could be allowed to return to a fulll time contract all going well though that will be a few weeks time.
    I have been 3 days 7.5hrs past year approx.
    I appreciate if successful in a return to full time then I値l certainly be calling WTC to report my new salary.
    Last edited by Dandytf; 09-03-2018 at 8:53 PM.
    sc dmp 2012 13k
    Jan 2018 8840 paid. 60% approx.
Page 1
    • Darksparkle
    • By Darksparkle 9th Mar 18, 9:31 PM
    • 5,055 Posts
    • 3,290 Thanks
    Darksparkle
    • #2
    • 9th Mar 18, 9:31 PM
    • #2
    • 9th Mar 18, 9:31 PM
    Any additional income could affect your claim. It depends on how this year's income compares to last years.
    • Dandytf
    • By Dandytf 9th Mar 18, 9:50 PM
    • 1,227 Posts
    • 403 Thanks
    Dandytf
    • #3
    • 9th Mar 18, 9:50 PM
    • #3
    • 9th Mar 18, 9:50 PM
    Any additional income could affect your claim. It depends on how this year's income compares to last years.
    Originally posted by Darksparkle
    I agree my salary is almost half of 2017 though not quite.
    Is it best I report next few weeks overtime to WTC .
    I prefer to avoid any potential overpayment suprise re claim scenario.
    sc dmp 2012 13k
    Jan 2018 8840 paid. 60% approx.
    • Darksparkle
    • By Darksparkle 10th Mar 18, 6:34 AM
    • 5,055 Posts
    • 3,290 Thanks
    Darksparkle
    • #4
    • 10th Mar 18, 6:34 AM
    • #4
    • 10th Mar 18, 6:34 AM
    If you believe the estimate you've already given them for this year's income will be different then yes you should inform them. You'll probably want to call again in the new tax year with an estimate for 2018/19.
    • Dandytf
    • By Dandytf 10th Mar 18, 9:43 AM
    • 1,227 Posts
    • 403 Thanks
    Dandytf
    • #5
    • 10th Mar 18, 9:43 AM
    • #5
    • 10th Mar 18, 9:43 AM
    If you believe the estimate you've already given them for this year's income will be different then yes you should inform them. You'll probably want to call again in the new tax year with an estimate for 2018/19.
    Originally posted by Darksparkle
    Thanks extra earnings wont be until April wage.
    I値l call wtc and let them know what extra I may have earned from next few weeks.
    My 201819 estimate could depend on a full tim return being authorised,I値l be advised maybe in 6 weeks time approx.
    Appreciate your kind advice Darksparkle
    sc dmp 2012 13k
    Jan 2018 8840 paid. 60% approx.
Welcome to our new Forum!

Our aim is to save you money quickly and easily. We hope you like it!

Forum Team Contact us

Live Stats

54Posts Today

3,126Users online

Martin's Twitter
  • It's the start of mini MSE's half term. In order to be the best daddy possible, Im stopping work and going off line? https://t.co/kwjvtd75YU

  • RT @shellsince1982: @MartinSLewis thanx to your email I have just saved myself £222 by taking a SIM only deal for £7.50 a month and keeping?

  • Today's Friday twitter poll: An important question, building on yesterday's important discussions: Which is the best bit of the pizza...

  • Follow Martin