Wednesday, March 17, 2010

I owe Inland Revenue Tax credit overpayment?

I pay them back £50 month.


But I'm struggling at the moment. I have more going out than I have coming in per month and Its all stuff that goes out regularly and I cant cut back on anything.


If i call them and tell them what will they do to help me?

I owe Inland Revenue Tax credit overpayment?
Telephone the Tax Credits overpayments helpline on 0845 302 1429 rather than the main telephone number. They can do an income/expenditure checklist with you and see how much you can afford to repay back every month. You can also arrange to pay the overpayment back over a longer period of time.





Hope this helps
Reply:suga,





There's a good article at eHow on steps to take to begin tackling your debt. It's written from the US, but a lot ofr the tips are just as applicable in the UK. Take a look at it:





http://www.ehow.com/how_2326032_avoid-es...


How to Stop Escalating Debt





You can also look here for tips on earning some extra cash online:





http://www.ehow.com/how_2254361_money-in...


How to make money on the internet, scam-free





Hope it helps.
Reply:Have a word with them and explain your predicament, they can probably reduce the repayments and stretch them over a longer period of time. Remember they are a Government department and the Government is oh so concerned about how tough we are all finding the current economic conditions.
Reply:Don't know but ask / Can ask all your regular outgoings if anything can be eased at all.
Reply:phone them,they can't leave you without enough to live on.they will reduce it for you.
Reply:they will reduce the payments. they cannot take payment that force you and your children into debt.


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