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I think I should ask for some advice on this before it all goes tits up.
Last year (2012-2013) I claimed working tax credits because the previous year (2011-2012) I didn't earn much, not important why but I earned only £12,250 and figured I'd apply for working tax credits, even though last year I was earning way over the threshold.
I received 3 payments only before I switched jobs and was on JSA for 3 weeks. This stopped my working tax credits and I never restarted them.
2 months ago a received a letter from HMRC saying I should have been paid £367.21 last year, I didn't really read the letter but called them, they advisor told me I didn't have to do anything, so I didn't.
I dug it out last night while packing and read it, it says they will issue an automatic renewal as long as nothing has changed. Well it has, I was well over the threshold 2012-2013. So I gave them a call.
The advisor said I have a potential payment of £262.77 and will be paid once the automatic renewal is processed. Now this is where my question is.
If this is for the year 2011-2012 where I didn't earn a lot so I was entitled, am I allowed to accept this payment? Or because I earn too much as of last year, am I not entitled and this is something pretty bad? I haven't had any payments and told the advisor what I earn now and last year but was told this won't affect the in process payment...
Last year (2012-2013) I claimed working tax credits because the previous year (2011-2012) I didn't earn much, not important why but I earned only £12,250 and figured I'd apply for working tax credits, even though last year I was earning way over the threshold.
I received 3 payments only before I switched jobs and was on JSA for 3 weeks. This stopped my working tax credits and I never restarted them.
2 months ago a received a letter from HMRC saying I should have been paid £367.21 last year, I didn't really read the letter but called them, they advisor told me I didn't have to do anything, so I didn't.
I dug it out last night while packing and read it, it says they will issue an automatic renewal as long as nothing has changed. Well it has, I was well over the threshold 2012-2013. So I gave them a call.
The advisor said I have a potential payment of £262.77 and will be paid once the automatic renewal is processed. Now this is where my question is.
If this is for the year 2011-2012 where I didn't earn a lot so I was entitled, am I allowed to accept this payment? Or because I earn too much as of last year, am I not entitled and this is something pretty bad? I haven't had any payments and told the advisor what I earn now and last year but was told this won't affect the in process payment...
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