How to stop tax credit payments

[Markb03]

Hi all,

 

I have posted this on your facebook group but will also post on here just in case some of you do't use facebook but could still help.

 

How the hell do we stop getting tax credits?

 

I got a new job at the end of September and the pay varies from month to month as I get premiums for working different hours.

 

 

In the last month I earned £1245 after tax and £1433 before tax.

The month before last I earned £1227 after tax and £1420 before tax.

Not much difference but this is just two examples.

The lowest I could earn before tax is £1262.

 

as my wage is not set I told the tax credits this

who took an estimate which I thought was to low.

I said I would call them back as I needed to talk to talk to my partner about it.

 

We pay £80 a month for after school care to a registered child minder.

We currently got £40 a month child tax credits.

This was based on a wage of £15800 in my old job.

At the thought of losing £10 a week we decided to cancel the tax credits as we didn't want to owe any money come the year end.

 

We rang up and said we would like to stop all tax credits and the advisor said a letter would be issued to confirm this and we left it at that.

 

We then had a reward notice come through telling us we was still getting £40 a month

I rang back up and said that we had cancelled and we got told we could not cancel before the tax year end in April

and we would still get these payments.

We said we did not want the money.

 

 

I said if I told you I got £17000 a year would this stop the payments.

They said yes so thats what we did.

 

My partner is on £12500 a year working 25 hours a week.

 

Today I have just had another reward come through with my £17000 and my partners £12500

and we are still getting payments of £40 a month.

 

Our issue us we don't want the money as no doubt when all calculations are worked out we will end up owing it back next year and its sthis situation we do not want to be in.

 

Can anyone advise us what to do please?

 

 

Many thanks

[Conniff]

Don't do anything with them on the phone. Next year when they come to collect and you say we cancelled by phone a number of times, they will deny they had ever received any calls from you.

 

If they don't have an email account you can use, then send them the cancellation by recorded delivery and forget all about them but keep any further payments in a savings account and get interest from it.

[honeybee13]

Hello there.

 

Are you keeping the payments to one side? I would be inclined not to spend the money in case tax credits ask for it back.

 

HB