ive received a letter from tax credits and according to them they have overpaid me by £4000.00 is there any w

Question

£4000.00 overpaid by tax credits who can help me

Answer 1

Welcome to our world!

This tax credits system is in complete chaos and run by people that shouldn't be allowed to turn on lights.

I know of a case currently awaiting court whereby a woman is being taken to court for receiving over £3000 in payments! The only trouble is, she has only ever received £1000 over 3 years.

But the Inland Revenue computer (THE COMPUTER) says she has had the money and must pay it back! Despite sending the Inland Revenue all her bank statements proving that she has not had the money....they still tell her she is a liar!

And who is to blame for this - GORDON BROWN!! it was his brilliant idea to change a system that was already working fine!

Will he accept responsibility - NO!

AND THIS IS OUR 'NEXT' (No one voted for) Prime Minister!!

Answer 2

Before you take legal action which will be costly epically if you lose your case. You will have to follow the guideline (unfortunately the red-tape) set by the tax credit office in order to dispute this matter.
In order to have your tax credits assessed (and the overpayment calculated again to check if it is correct) you will have to ask for a written confirmation of the overpayment. The tax credit helpline will send a referral to the Head office in Preston who will manually look through and send you a calculation. If you are are still unhappy or just want a written reason and not a calculation you can request a COP26 (A request to reconsider the recovery of an overpayment) you can also visit there website and you can download the form.
If the tax credit office is still holding you responsible and have sent you written confirmation of this, you will have to complain via a COP1 (as you will have no rights to appeal the decision) form where adjudicator will asses if you are still liable to pay the money back.
For more information call 0845 300 3900

Answer 3

Check what you have earned over the tax year and double check with them what amount you told them you were earning when you applied for it. They go on your p60 earnings for that tax year.

If however you have given them an estimate and have not actually told them what your earnings were, thats where they may have gone on the assumption and paid you based on your estimate.

You need to appeal against it if you think its wrong and have all the proof there that they have made the mistake and not you. It is happening all over because they go on estimated figures and pay u based on that. Check and double check before going any further.

If they are right you will somehow have to pay it all back. You could try paying in instalments if it would cause you financial hardship, but that would be a decision made by yourself and them. If you dont act soon you could lose your right to appeal and haver to pay it back regardless.

Answer 4

Read the letter again, aren't they wanting you to contact them to let them know you're annual income so they can work out your next years tax credit? I think the £4000 to pay back would be if you are not to receive any Tax Credit from them next year. You only pay back the last years money if you are over a certain amount of annual income.

Have a read through again and if you are still not sure, CALL THEM!

I still think it is a cheek for them to ask for any money they have paid to you back, afterall we don't ask for Tax Credit's we are offered it (under false pretences.)

Answer 5

The case may be that you owe them something but not the silly figure that they are asking. They have been bugging me for over 3 years asking me for over £800 I knew that figure was wrong and stuck to my guns by replying to every letter with the request for them to prove how I owed this figure.
Check your paperwork, If this problem started because you have stopped working and you had been self-employed...Maybe you had not informed them when you had actually stopped.

I fought them with their own rules; where they had stated that if my income changed up or down..I didn't have to report it straight away but I could declare everything on the next application.
I had been doing this for a couple of years without no problem until I stopped working.

Because I didn't inform them straight away, they calculated that they had overpaid me for the whole tax year even though I stopped working in November. I argued that up to the point of stopping work when I became ill...even though I had no work at the time..I was available for work and would have declared the period of no earnings on my next tax return(as I usually did)

Prove to them when you stopped working. Maybe because you had stopped working, you had not bothered to return your last tax return.(like I did) If you had not bothered to declare your earnings for that year..this could be why they are asking for so much.
Work out the dates and figures and suggest to them that if you owed anything...it could only be from such and such date.

Don't let them frighten you by telling you that they have come to a final decision and you don't have any more rights to appeal.
If you are sure that You don't owe so much..stick to your guns and keep telling them so. One of them will wake up to the facts one day.
Good luck

Answer 6

Speak to your solicitor or visit the citizens advice bureau. 4000pounds is an awful lot overpaid. Definatley speak to your solicitor or the citizens advice bureau, and maybe the can put you in contact with an accountant or someone who can help you out.

Answer 7

H&R Block can retrieve your tax return. circulate to an place of work it incredibly is open. they might print out the return which you probably did on line on the spot, or in the event that they don't have the prompt ability, they might do it in an afternoon or so. they might cost you a small fee for offering you with the return. when you get the return, only fill interior the numbers on the style 8453, sign, and mail it in. shop a reproduction of the two the return and ask your self 8453 on your records.

Answer 8

thats awful, if you contact citizens advise they will be able to help. surely it their fault as you gave them the information and they calculated your payment?? i think tax credits are both good and bad as you always have this fear of being overpaid.

Answer 9

You are far from alone: http://uk.search.yahoo.com/search?p=tax+credit+overpayment&ei=UTF-8&fr=yscpb&x=wrt&meta=vc%3DcountryUK

Have a look at the BBC link on that page - Q and A may be useful,

Answer 10

if they say they have overpaid you it is their fault and usually they will half what you owe, also they don't take it in one lump sum they divide it through the year and you get what is left if any. if that does not help go to your nearest CAB and they will do it for you.