Hi
My friend recently gave up her lone parents allowance and with that, her one parent family tax credit. She earns about 280 per week at work, was getting 154.00 per week on lone parents her tax credits were as follows
Single Person 1650
paye 1650
opf credit 1650
total 4950
This was reduced by One parent family allowance 8000 per yr @ 20%= 1600
New total: 3350
So now shes signed off lone parents, and given back her tax credit for one parent family and her new tax credit certificate shows a SRCOP of 24,484 and Tax Credits of 1700.
She only gave up the one parent tax credit on Dec 1st as she moved in with her partner that week...so her tax credit is being removed for the full year of 2011....and shes still getting a reduction for claiming opfa for the full year? She hasnt rang them yet, I said id post here to see what you guys say first.
She works for a very small company, just herself and one other and she gets a net wage regardless of her taxes but her boss isnt happy its showing up as she owes him 1153.00!!
My friend recently gave up her lone parents allowance and with that, her one parent family tax credit. She earns about 280 per week at work, was getting 154.00 per week on lone parents her tax credits were as follows
Single Person 1650
paye 1650
opf credit 1650
total 4950
This was reduced by One parent family allowance 8000 per yr @ 20%= 1600
New total: 3350
So now shes signed off lone parents, and given back her tax credit for one parent family and her new tax credit certificate shows a SRCOP of 24,484 and Tax Credits of 1700.
She only gave up the one parent tax credit on Dec 1st as she moved in with her partner that week...so her tax credit is being removed for the full year of 2011....and shes still getting a reduction for claiming opfa for the full year? She hasnt rang them yet, I said id post here to see what you guys say first.
She works for a very small company, just herself and one other and she gets a net wage regardless of her taxes but her boss isnt happy its showing up as she owes him 1153.00!!