ChatterBank1 min ago
tax credits
12 Answers
working tax credits say they have overpaid me by �2000 and want it back they have persistently overpaid me and told me every year that they are reducing my payments to get them back now im not entitled to working tax credits because of whatever reason (though my wages are not much better than when i first claimed) is there someway i can get out of paying this back as i cant afford it
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no, there is no way of getting out of paying. Thats my 2000 quid you have and i want it back please. Is it to do with children? most people dont have children unless they can afford them. (actually, is that true?)
did they actually ever reduce your payments?
Anyway, if you are struggling to survive then go and see cab who wil help you work out a budget, incuding paying back my money
did they actually ever reduce your payments?
Anyway, if you are struggling to survive then go and see cab who wil help you work out a budget, incuding paying back my money
no, i'm being serious. Where do you think the money for tax credits comes from? it comes from people who pay tax (you, me, all other savers and workers) if you have been paid too much, why should you be let off of paying it back -it's not just spare money!
do y ou agree with them you have been paid too much, or are you disputing it? perhaps this is why you are not getting any money now - they are taking it back by not paying you any.
There is much more info needed. Have you read every letter they have sent you carefully? are they demanding the money now? it was a serious suggestion to go to the CAB by the way
do y ou agree with them you have been paid too much, or are you disputing it? perhaps this is why you are not getting any money now - they are taking it back by not paying you any.
There is much more info needed. Have you read every letter they have sent you carefully? are they demanding the money now? it was a serious suggestion to go to the CAB by the way
sorry misundrstood but I am not understanding you. If they said they would reduce your money but didn't do so then you must have known that at some stage you would have to repay it....so in those weeks when you got too much didn't you put some money to one side- either to repay the money or to help make sure you would have enough put aside to live on once they did start reducing your money. Whichever way you look at it they warned you that they had overpaid you but you carried on spending everything they gave you even though you knew you were still getting too much.
Is that how it was or have I misundrstood?
The only suggestion I can make is to offer to pay it back over maybe 12 months
Is that how it was or have I misundrstood?
The only suggestion I can make is to offer to pay it back over maybe 12 months
I am attempting to improve my keyboard skills, especially re-reading the way i have written postings.
Because i read in my mind and not outloud i have written correctly,however, this may be due to years of drivvel on msn.
Please accept my apologies for not writing with proper punctuations and all efforts will be made to be more understandable.
yours sincerely
misundrstood
Because i read in my mind and not outloud i have written correctly,however, this may be due to years of drivvel on msn.
Please accept my apologies for not writing with proper punctuations and all efforts will be made to be more understandable.
yours sincerely
misundrstood
The procedure is that if you are still entitled to tax credits, they get the overpayment back by reducing your ongoing payments - in most cases by 25%. Now that you are not entitled to tax credits the debt is referred to a different HMRC unit, which writes & demands full immediate payment - but with a proviso that they will accept payment over 12 months in some cases. However, if you can produce an income & expenditure statement which shows to their satisfaction that you cannot afford to pay it back over 12 months they sometimes agree to take it over a longer period.
All the above assumes that you do have to pay it back. In most cases the claimant does have to, but there are some cases where the overpayment arose from an error by the Tax Credits Office where this is not so.
If you need help with all this then - as bednobs says - go to your local CAB, & take with you all the award notices & other letters etc. about it.
All the above assumes that you do have to pay it back. In most cases the claimant does have to, but there are some cases where the overpayment arose from an error by the Tax Credits Office where this is not so.
If you need help with all this then - as bednobs says - go to your local CAB, & take with you all the award notices & other letters etc. about it.
The overpayments can be repaid on a sliding scale of either by A) reducing your payments by 25% or B) reducing your payments to nil payments until the overpayment is paid off. In order to have your payments reduced by 25% you have to meet the criteria of being paid MORE than the basic family rate of Tax Credit, so if you are not being paid more than that then your payments will be reduced to nil, until such time as the overpayment is repaid.
I know of someone who is in the unhappy situation of having to pay back the overpayment and due to the small amount this person is entitled to each year, as opposed to the amount they owe, they won't get any CTC for another 3 years by which time the child in question will be too old to be eligible for CTC so the family will be entitled to nothing anyway.
EXAMPLE - You are eligible to �500 per year in Tax Credits, but you owe them �2000, you will not get any Tax Credit money for 4 years.
I hope this clarifies the situation for you.
I know of someone who is in the unhappy situation of having to pay back the overpayment and due to the small amount this person is entitled to each year, as opposed to the amount they owe, they won't get any CTC for another 3 years by which time the child in question will be too old to be eligible for CTC so the family will be entitled to nothing anyway.
EXAMPLE - You are eligible to �500 per year in Tax Credits, but you owe them �2000, you will not get any Tax Credit money for 4 years.
I hope this clarifies the situation for you.
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