Saturday, June 19, 2010

Do We Qualify For Tax Credits?

We where getting Working Tax Credit and Child Tax Credit, It came to roughtly 鎷?50 a week, We go a letter yesterday we no longer qualify for working tax and we have to repay 鎷?00.



I earn 鎷?0,400 a year after tax or 鎷?2,790 before my girlfriend earns 鎷?160 a year after tax.



Do We Qualify For Tax Credits?

well both me and my partner earn 11,000 a year each think my partner may be on a little more ?after tax and we get child tax credit but we are not entile to tax credits where u can get free eye tests ect, i would look in to it further if i was u



good luck



Do We Qualify For Tax Credits?

You may get away without paying the money back I know of 2 people who have owed mney for 2/3 years. The system is in such a bad state that they dnot appear to have the resources to collect overpayments.



Do We Qualify For Tax Credits?

Contest it they%26#039;re wrong



Do We Qualify For Tax Credits?

Ask them to look at it again because that doesnt sound right to me.



Do We Qualify For Tax Credits?

It depends on circumstances. how many children you have etc. i need more information. And they will chase you for the money , it may take a few years but they won%26#039;t forget. i owed 鎷?00 from 03/04 and started paying it back late last year.



Do We Qualify For Tax Credits?

you need to check your award notices, firstly put them in date order - then have a look at the 06/07 Initial Award notice, on there it will tell you how much you 2 amounts, that you can earn between before you would be overpaid, if you%26#039;ve made any changes that would produce another award notice, keep checking those income bands.



you could have to repay the working tax if you didn%26#039;t inform them straight away that your income had increased.



If you%26#039;re not happy phone them up and ask them for explanation, if that still doesn%26#039;t answer your question, ask them for a letter showing the reason for recovery. If once you get that you%26#039;re still not happy ask for COP26 form to dispute overpayment amount.

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