The Federal Tax Credits Blog

Posts Tagged ‘tax credit overpayments’

Question: tax credits overpayment! again! ?

2 years ago they overpaid me by £1400 which im still paying back. Now they have just written to me again saying i owe them another £477 from April 07 till Dec 07, this was nearly a year ago. Why do they keep doing this too me? im already paying back £100 a month and cant afford any more. its so frustrating i thought they were supposed to help people not keep getting them in debt. Theyu say there is nothing they can do about it but surely there is? they cant even tell me why it was overpaid. what can i do?

Answer: Go to your local CAB they will write a letter for you to them, they are pretty good at getting over payments over turned. If it was an error on their side then they should admit their fault and not charge you. Good luck

(AFX UK Focus) 2010-05-29 04:44 Glance-PRESS DIGEST – Financial Times – May 29

Financial Times

Senate Session 2010-04-14 (13:49:24-14:45:40)

Question: has anyone had an overpayment on their tax credits,if so what happened and did u have 2 pay it back?

Answer: Because hubby and I are self employed and they give us our tax credit on what they think we will make next year based on what we made this year, we got hit pretty hard. We made a rubbish profit a couple of years ago so last year they gave us some money. We then made a good profit last year and because we did they demanded all the money back that they had given us. Because this year’s is based on the good profit we made last year, we get nothing. So we are paying it all back in monthly installments.
If we make a rubbish profit this year, then theoretically they owe me for what they haven’t given me plus what they assume I will make next year. But I daren’t spend it in case they demand it all back the year after!!

It’s all so complicated and a totally stupid system, especially for the self employed.

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