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Tax Credit award prior to Hb claim

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  • January 15, 2004 at 10:09 am #19826
    Derrick
    Participant

    We have a claim who qualifies for Tax Credits from 3/11/03, and was notified 12/11/03.

    This award was made during the Extended Payment period and therefore is not taken into account until December.

    [color=red:c1195ab1c6]Should we:[/color:c1195ab1c6]
    [color=green:c1195ab1c6]
    1 Calculate using days from notifcation date less arrears.

    2 Calculate full award divided by days (3/11/03 – 5/4/04) x 7

    3 Use the weekly amount as given on the award notice.
    [/color:c1195ab1c6]

    Any advice gratefully received as I can see reasons for using 1 & 2 and common sense for number 3.

    January 15, 2004 at 10:38 am #1132
    Mikeb2
    Participant

    No.1 gets my vote on this one. Based on The DWP guide to Tax Credits Amendment 10.

    IMHO
    😳

    January 15, 2004 at 11:31 am #1133
    Anonymous
    Guest

    We are following the DWP guidance contained in Admts 9 & 10 (and hoping we do not have defend this at a tribunal!) and so I would use option 1.

    Option 2 does not treat the arrears/paid amount as as capital as is required, and Option 3 ignores the fact that TC is an annual award (albeit part annual in this case)

    January 15, 2004 at 1:09 pm #1134
    Mark
    Participant

    But option 2 works just fine as long as you only treat the weekly income it provides from the date the award was notified.

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