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Original poster

tax credits

6 replies

lilianna · 19/04/2006 13:28

I am estimating dps income to do the tax credits renewal using his wage slips do i need to include the overtime he done or can i use his basic hour wage and cut out the overtime?

OP posts:
NoPearls · 19/04/2006 13:30

If he earned the money and is likely to do so in the future, yes! If you get it wrong and underestimate it you will get any overpayment taken away in future, so better to overestimate.

Original poster
lilianna · 19/04/2006 13:33

there is no chance in him earning this type of overtime again. and since jan this year his changed jobs and the money has really gone down

OP posts:
beckybrastraps · 19/04/2006 13:37

There's no problem estimating a lower income for the coming year if that's what it will actually be. I did it when I stopped work and it was fine. You do have to be pretty sure you're right though, or they WILL demand it back.

NoPearls · 19/04/2006 13:48

Also, if his overtime was a surprise this year, will he have earned more than you predicted last time round? I think you have to put an actual earnings figure in for the end of the last year, so you might find the credits go down because of this (or because they feel like it, or because there's a y in the day...)

Original poster
lilianna · 19/04/2006 13:51

earning between us is roughly 20k we have 3 kids we are not entitle to working tax credits any idea how much we are intitle to for child tax credits?

OP posts:
beckybrastraps · 19/04/2006 13:54

Sorry - our numbers are different. You can go online - there's a calulator there I think.

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