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concentrix tax credits and eBay!!!

(2 Posts)
babyalan13 Thu 04-Jun-15 22:00:42

Hay in a bit of a panic!! Received letter from concentrix saying they think my payments are wrong. They want me to send 12 month payslips letter from employer bank statements etc. Been going over everything in my head and don't no what I've done wrong! I work 30 hours. Earn about 10 thousand in the year. I have 4 children. So definitely entitled to child tax credits. But went through my bank statements I sell the children's old clothes and toys throughout the year to clear space! I've in total made 1500. Would they class that as bad!? Am so worried!! I wouldn't class myself as self employed! As I work Monday to Friday in a school. Am so worried. Any advice? I really don't no why there investigating me!!!

springalong Thu 04-Jun-15 22:14:23

It used to be the case that selling "chattels" that you owned (so eg clothes and old toys) - any money wasn't liable for income tax. If you run a business then the profits of that business would be taxable. So check how you are registered on ebay.

I am not sure though what you would have to declare for tax credits. The renewal form normally comes with a large guide - perhaps check through there.

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