Dear MSE members,
Could anyone give me some suggestions as to why my working tax credits have been reduced from circa £52 a week to £14 despite the number of hours worked (32) nor pay having changed? The only thing I can think of is that my income has increased substantially from 2011-2012 tax year to 2012-2013 as I was unemployed in 11-12 but surely they don't take that into account when calculating tax credits?
Thank you very much in advance.
Could anyone give me some suggestions as to why my working tax credits have been reduced from circa £52 a week to £14 despite the number of hours worked (32) nor pay having changed? The only thing I can think of is that my income has increased substantially from 2011-2012 tax year to 2012-2013 as I was unemployed in 11-12 but surely they don't take that into account when calculating tax credits?
Thank you very much in advance.