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Tax credits I don't understand!!

5 replies

dolallylass · 24/09/2012 18:09

Just been made redundant. Managed to get some work earning about £300 less a month. Told tax credits and they have made an adjustment and reduced my money by a further £50. Wtf??? Please help me!!!

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Are your children’s vaccines up to date?
ChasingSquirrels · 24/09/2012 18:09

have you gone under the hours (16 a week) limit and therefore no longer entitled to Working Tax Credit?

dolallylass · 24/09/2012 18:11

No, gone down but from 24 hours per week to 16 hours per week.

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ChasingSquirrels · 24/09/2012 18:16

as you have posted in lone parents I am assuming you are - ie that this is a single claim not a joint one?
You should get the paperwork through in a few days (or weeks!) which will show the details of how it is calculated. You need to check everything through and ensure it is correct - and if not go back to them.
If you don't understand the calculations then find someone who does (CAB?) and get it checked out.

dolallylass · 24/09/2012 18:30

Was on hold while I posted. I was wrong I am actually being paid £6 per month more by them. I have had a huge salary drop. But they disregard the first £2500 of the drop effective assessing me as if earn £2500 more. There's nothing I can do except contact my MP - she actually said that. Sad Since my drop has been almost 5k the £2500 drop they did include only credited £6 so wouldn't make much difference anyway. Value beans all round then.

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dolallylass · 24/09/2012 18:31

Sorry yes single [very depressed] claimant.

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