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New Tax Credits

152 replies

PamT · 14/10/2002 14:02

Has everyone applied for the new tax credits? They start in April and replace not only the existing WFTC and Disabled Persons Tax Credits but also the Children's Tax Credit. Currently the wage earner receives approximately £10 per week extra due to an adjustment of the tax code. This will stop in April and you will only get this payment if you apply for it. I think it will be paid to families earning anything up to about £58K. Families earning up to around £22K will also be entitled to additional money in Child Tax Credit or Working Tax Credit.

See www.inlandrevenue.gov.uk for more information. You can calculate your entitlement or apply on line.

And no, I don't work for them but I do think that everyone should get what they are entitled to. My form went in about a month ago

OP posts:
marialuisa · 29/07/2003 11:00

We're worse off too! DH earns over twice my salary so I'm not sure why this has happened. Seems like we went through a lot of stress for less than £30 a month

Tinker · 29/07/2003 11:05

Does anyone know the rules regarding overpayments - can the IR insist on repayment within 30 days of the whole amount? I'm assuming, since I know I'm being (massively) overpaid and have told them, that they can insist but does anyone know exactly? Thanks

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