I have been told I am no longer entitled to Tax Credits and that I have been overpaid by �490. Must I pay this back in one lump sum or in installments?
i'd check that you really have been overpaid first though, as i heard a rumour that loads of people had been 'overpaid'. the tax credits system has been in a bit of chaos since its introduction.
My hours of work recently changed goldenboy, so I reckon they're probably correct, although I've been informed that I'm no longer entitled to any credits, so I might appeal that?
I had a simliar problem with the working family credit ,my pay went down by �40 per month and they then credited me �40 per month - however they then wrote and said that I had been underpaid by something like �200 so gave me that without me asking, I have now been told ive been overpaid by �200 so I wont get the benefit until the end of October - it seems that they dont know what theyre doing - my circumstances have never changed.
they've admitted to me that their system in incomprehensible. Every couple of months I get told I've been either over or underpaid. I ring them up, tell them nothings changed and they say they'll look into it. A week later I ring and they say I'm right and payments will continue as before.
Don't take it lying down, unless your pay has increased significantly I suspect you will probably still be entitled to something