I have moved to UC from tax credits as much better off.
However I have received letter saying I owe £300 to tax credits due to overpayment from stopping tax credits part way through a month and having already bee paid efffectively, in advance for that month.
I understand where this overpayment comes from but how will it be collected? I have looked on internet and its so confusing. Some say I will have 25% of UC taken off til have repaid, some 5%. Others that it is based on my standard allowance, but what is this?
My first UC award was £464, how much of this am I likely to have taken off to repay this "debt".