Over payment on tax credits : Advice ?

[COYBL25]

I'll give you some cash to let me sort her out mate, it's what mates are for.

Pay what I owe and it`s a deal

* cheaper than a night in Beetham Towers lol

 

[Steve0]

Cheers mate.

Payments have now stopped and there is no way in this world that I`m letting them near my personal finances !!!!!!

They can just get it taken out of your salary direct from your employer these days, at a rate of 15% of your nett income regardless of what you need to spend. It's best to phone up and arrange a repayment plan.

 

[peteblue]

Wives eh. My missus forgot to claim her government pension, which she should have done years ago. So having recently done it over the phone she will now get a pension next month plus a large tax fee lump sum, for the backdated pension, a couple of months later.....so I hope all you guys are paying your taxes on time.....

 

[Reidy's Bottle Of Grecian]

we have to pay back £650 & they want it over 3 months, only way they'll change it is if you get a form off them & fill it in showing that the payments will cause financial hardship... they wanna know EVERYTHING.
They are wanting it over 3 months btw & we aren't over the threshold (not even close) so they are reducing what they pay to us.
They will also reduce due to 1 of the kids coming off the claim, so gonna be paying us quite a bit less as it is anyway.

Yeah, the solution is find another job(sounds easier than it is tbh), as it is with jobs that are about I reckon 3 out of 4 weeks will be making up the difference from what we now wont get in the form of tax credits, family allowance, council tax reduction. All those things would drop again as income would change, if they say they are putting us on Universal Credit & we have a waiting period then we really are in it deep.

 

[COYBL25]

Sounds like quite a few have been hit with this

 

[Toast]

Sounds like quite a few have been hit with this

I didn't even have to phone them up to recently change addresses.
They already knew via my work I would assume ?
Weird.
They clearly also let the local council know of any changes of income automatically as they wrote to me without letting them know too.

Yesterday, I got an unexpected £309 in my bank from the council. Now, back in the day, that got spent immediately, but I phoned them up, and indeed it was a mistake.
Im still genuinely AMAZED last year I had to pay back a few hundred quids worth of crisis loans from 1995, yet I KNOW people utterly blagging the whole system.

 

[JimmyJeffers]

Sounds like quite a few have been hit with this

Means tested benefits. Utter arse ache and completely counter productive for thousands of people. Tax credits over payments, housing benefit, income support. People without a shedload of cash getting huge debts often because they didn’t let an authority know of a change in circumstances. Sometimes intentional, sometimes not.

Universal basic income is the way forward imo.