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DeeDubya20

Did Not Renew Tax Credits - Now Overpayment Stands

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Hope someone can help with advice please?

 

In 2014 I claimed tax credits for the first time for a period of 6 months only (April 14 Oct 14)

 

In July 2015 I was asked to renew my tax credits, which I didn't as I was not receiving tax credits anymore (Im now aware I should have done it anyway)

 

Because I did not renew, HMRC have used an estimate figure of my self employment income. They have used £2562.50 but it was actually only £149.

 

HMRC say I owe £2,133 because they have had to calculate on their estimate self employment income. They advise I can dispute it but because I did not do my renewal it is very unlikely it will get agreed and the £2,133 will have to be paid back.

 

I have admitted it was my fault due to simply never claiming before and unaware I had to renew, If I had renewed and input the correct figures I would not owe anything.

 

Do I have a chance with this?

 

My fault for not knowing how the system works!

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