AIBU?
To wonder if other people's tax credits have gone down loads
pouffepants · 21/06/2013 18:10
Just got my thingy back from them, which will need some deciphering at some point, but at first glance we seem to have a big drop.
There's a couple of reasons why this could be, but just wondering if rates have gone down loads, as a starting point for figuring it.
pouffepants · 21/06/2013 19:13
They have a bit, but the credits have gone down more than my wage has gone up. Maybe we've reached a threshhold?
Earnings are approx 35k for family, and before anyone says, actually I don't think the state should subsidise us, so although we will massively miss the money I think it's right that people on our kind of money support ourselves. I'm just trying to figure it out, is all.
Also it says that ds is no longer classed as a child for tax credit purposes. He's staying on in education so I thought it'd be the same as child benefit, but maybe not?
JackieTheFart · 21/06/2013 19:42
Quality - probably because you don't have children and/or have a high earning partner? Or other benefits? I think certain other benefits lower the income from tax credits?
Mine went down by about £40 a week, but when the paperwork came through they had made a mistake. Took me FOUR tries to get through as after five minutes they would terminate the call saying they 'didn't have anyone available'. When I finally got through to someone, she very sniffily told me it was only an estimate - which I said was fine, but they'd put the income in wrong!
Very annoyed?
lougle · 21/06/2013 20:05
Quality, you need to query it. I've just put your figures through turn2us and got:
"Period:06/04/2013-05/04/2014 yearly £ weekly £
Initial Tax Credit award for period: £4,070.20 £78.06
Working Tax Credit: £799.80 £15.34
Child Tax Credit: £3,270.40 £62.72
Final Tax Credit award for period: £4,070.20 £78.06
Working Tax Credit: £799.80 £15.34
Child Tax Credit award: £3,270.40 £62.72
Wereonourway · 21/06/2013 20:14
Hi there, you need to inform tax credits your dc is in full time non advanced education(ftnae) be armed with info about the course when you call. If said child has not been included since last sept you will receive backdated payment.
But do be aware of the following:
You will be paid automatically up to 31st August following hilds 16th birthday, it will continue if you inform them they are staying on in ftnae(provided course is "on their list" so to speak).
However(and I hope I can explain this) if you receive an award notice now, even if you have informed them of child continuing, it will only show child on award until 31/8/13, a new award will be generated on 1/9/13 to show changes.
As change is technically in future an award notice cannot be sent confirming it until the date it happens.
Oh and maintenance in any form is not included as income
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