A letter from concentrix or HMRC part 6

[Morgan97]

Have you had a letter from concentrix or HRMC about another adult living at your address,letters querying child care etc,please post your experiences on this thread so we can support and help each other.

I wondered if they have delayed sending award notices out u till after this budget, the award notices normally have what our payments will be in the next tax year before renewals are done maybe they have been waiting for the budget so that they can include information about our payments for next year.
Maybe our awards will start to arrive now

Alexa15 so pleased for u my tax credits have gone down by 34 quid a week though but they had a bigger income for my partner so I changed it today u don't think concentrix will get involved again do u any ideas please xx

I wouldn't have thought so Zola x

when you ring hmrc the recorded message is on about the budget, he told me what i would be recieving every wk till end of tax yr, i asked if that was nextvapril he said yes

Remember everyone, when you're calculating how much worse off you'll be under the proposed TC changes, you need to note that NMW will increase from £6.50 to £7.20 and the income tax threshold is also increasing.

So for example someone who works 30 hours p/w at NMW and with a child:
NMW will rise to £7.20 from next April, therefore gross income will rise from £10,200 (ish) to £11,300 (ish). With the income tax threshold increase, they will pay the same tax as they currently pay. Thus, in terms of income they will be approx. £1100 better off.

Tax credit changes come into effect at the same time: Under 2015-16 the deduction from the maximum is £1549.80. Under 2016-17 with the new withdrawal limit and taper the deduction would be £3048, thus in terms of Tax Credits alone they will be £1498 worse off

So, once the Income Tax and Tax Credit changes are taken into account, this family would be around £398 worse off per year.

Anyone earning over the Income Tax threshold will not see as much of a dip in their disposable income as those who earn under the threshold, and those earning NMW will also see less of a dip.

Just phoned them again and they confirm my claim was finalised yesterday and it takes 48 hours for payment schedule to b update on system so no one thinks concentrix can get involved again

How do people manage to get through can someone confirm the number for concentrix as its always engaged whatever time I call

think concentrix is 03456003130

There's a budget tool on bbc news page. Works out how much worse off your going to be. I'm roughly £25 worse off a week. so better to work it out and make cuts now so we can get prepared :( am I right that if we get a pay rise we will lose more ??

I am lucky that I am on an annual salary and not paid by the hour & when I have worked out my hourly rate it is higher than the nmw anyway so unless I get I pay increase (very unlikely) my salary won't change

Zolabud81 maybe they might send you a letter again. I think Everytime you change you circumstances you have to send a proof. My manger wants to increase my hours from 16 to 24 but I don't think I can go through this again. Going away next month.

Thanks for chrissy i will look at that now

I just went on that budget tool & according to that I am going to lose £20 a week

Guys go to bbc.co.uk type budget 2015 there's a calculator that tells you how much worse you will be off. My said 1045 pound

We will be worse off by about £31 per week.

1269 il be worse off by

24.40 a wk

Louby76, me too according to
My calculations 20 pound everyweek

What u think I might have to go through this again why wtf oh my I'm shitting myself again now they said it's finalised I just have to wait 48 hours for my payment schedule to be updated

Zolabud81 I think so.????????

how can that be right thiugh as i get disability top up on that so not proper result really

How can they when they said it's been finalised

MissE84 That's quite a lot of money for us all to lose & almost over a £100 a month for most that have done the calculator

They gave me my figures today but they had income for my partner who does not work s they took it off and said they will recalculate my payments.phoned them bk later and they said my renewal had been finalised but because I had made a change on my claim it takes 48 hours to update my payments schedule

Please can anyone help