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Congrats! Feels good sometimes getting cash out to pay for things, like you've earned it 

gibbleking":28qm8e4e said:my big worry for years was family tax credit getting it badly wrong...they are worse than the tax office.. :shock:
IDB1":53aah0uw said:gibbleking":53aah0uw said:my big worry for years was family tax credit getting it badly wrong...they are worse than the tax office.. :shock:
Yes, they are.. I was half way through paying back £500 when they wrote to me telling me we owe them another £300...
Easy_Rider":7v4o5kwk said:IDB1":7v4o5kwk said:gibbleking":7v4o5kwk said:my big worry for years was family tax credit getting it badly wrong...they are worse than the tax office.. :shock:
Yes, they are.. I was half way through paying back £500 when they wrote to me telling me we owe them another £300...
Without getting too political I find this whole tax credit thing a waste of time. Why not just have much less tax for lower earners? The mind boggles just thinking how much must be wasted in administration costs of the tax credit system, especially when they mess up.
On a semi related point, I was chatting to a US colleague the other day about healthcare, NHS taxes etc. He pays 7-8% state and federal taxes. Even with his healthcare insurance he is nowhere near our 25-30% burden and even then they have much lower sales taxes and overall hidden taxes. Makes you realise why they have such big spending power.
Pickle":npst10e4 said:Tax Credits are great, especially when they whack over £2k in your account followed by a letter saying they've been underpaying you.