Reply To: Tax credits hurt my head

#1156
Anonymous
Guest

This won’t make much difference to the outcome.

We are still looking at the latest award – dated 02/12/2003 which says that for the period:
2/12/2003 – 05/04/2003 the TCs to be paid amount to 716.91

Over the 126 day period this represents, the payment equals 39.83 pw (5.69 per day).

I’d say you should ignore any tax credits for the period before the HB claim.

Period from 02/12/2003 – 11/01/2004 = 41 days
41 x 5.69 = 233.28 to be ignored

Remaining period 12/01/2004 – 05/04/2004 = 85 days
Remaining 483.63 div by 85 mult by 7 = 39.83pw

Hope that helps.

Pete