Any help with the following situation much appreciated!
Dh and I both claim £243 a month (each) childcare vouchers from work. We get basic child tax credit of £545.34 and no working tax credit. Someone has recently told me that I should have informed the tax credit people about the childcare vouchers, which I haven't, so am now panicking.
Thing is I don't think it will make any difference to our tax credits. Having read all the paperwork, it says that I don't have to tell them about a change in income (am assuming the vouchers represent a change in taxable income?), although it may be in my interest to tell them about a decrease in income as we might be entitled to more tax credit. Not applicable in this case I'm sure. Can anyone shed any light?
Oh should probably add that I last spoke to the tax credit people BEFORE claiming the vouchers, so they know about our taxable income pre-vouchers.