HOME  FORUM  MEDIA  EVENTS  ARTICLES  TV  BLOGS
•Home
Bankruptcy:
•Bankruptcy Information Center
•What is Bankruptcy?
•Is Bankruptcy right for me?

•How to declare Bankruptcy?
•What happens to my assets?
•Bankruptcy and credit rating

Forum:
•forum
•register
•search
•faq
•experts

Blogs:
•Bankruptcy News
•More...

Media Room:
•Press releases
•Media Coverage

Other:
•About BankruptcyHelp
•Links
•Contact us
•Debt Glossary
•Insolvency jobs


FORUM
  > Browse and post on our forum
Home   |   Profile   |   Register   |   Active Topics   |   Members   |   Search   |   FAQ

Welcome to our Forum, please register if you want to post

 All Forums
 archive
 bankruptcy postbag for july
 Child benefit/child tax credit

Note: You must be registered in order to post a reply.
To register, click here. Registration is FREE!

Screensize:
UserName:
Password:
Format Mode:
Format: BoldItalicizedUnderlineStrikethrough Align LeftCenteredAlign Right Horizontal Rule Insert HyperlinkInsert EmailInsert Image Insert CodeInsert QuoteInsert List
   
Message:

* HTML is OFF
* Forum Code is ON
Smilies
Smile [:)] Big Smile [:D] Cool [8D] Blush [:I]
Tongue [:P] Evil [):] Wink [;)] Clown [:o)]
Black Eye [B)] Eight Ball [8] Frown [:(] Shy [8)]
Shocked [:0] Angry [:(!] Dead [xx(] Sleepy [|)]
Kisses [:X] Approve [^] Disapprove [V] Question [?]

 
   

T O P I C    R E V I E W
abd Posted - 02 July 2008 : 15:15:25
I have been declared BR and has IPA set.Before my BR I had made application for child benefit and child tax credit,which are in process.If agreed on, they may pay me back dated,
My Q is will child benefit and child tax credit be included and my IPA amended?
What about my regular child benefit and child tax credit,will they include them?

Abd
5   L A T E S T    R E P L I E S    (Newest First)
JulianDonnelly Posted - 04 July 2008 : 17:58:47
Hi ABD,

You have a duty to inform the OR of any change in your circumstances, so I'm afraid it means submitting new income and expenditure details. If in doubt, discuss it with your OR.

Regards

Julian Donnelly
Spokesperson for www.Bankruptcyhelp.org.uk
abd Posted - 02 July 2008 : 18:26:44
Thanks Suzanne,but do I have to ask my OR to consider a new exenditure questionnaire?
Cause frankly I intentionally left out other child care related expenditure from my SOA,cause I have already exhausted my income and I thought there will sound like luxury in my SOA.
regards
Abd
Suzanne Posted - 02 July 2008 : 16:36:08
Ok, I get it.

I think you need to redo an income and expenditure questionnaire before you pay anything over as you will incur additional expenditure to feed and clothe the children, which would probably absorb any tax credit you got and some.
You have to consider things such as school meals, school trips, childcare, pocket money, after school clubs etc. These are all expenses allowable against child benefit.


Suzanne Stocker
Bankruptcy Manager
Jones Giles Ltd
www.jonesgiles.co.uk
abd Posted - 02 July 2008 : 15:49:21
Hi Suzanne

I did not claim child benefit and tax credit before
as my kids were living abroad .In my SOA for BR as income child benefit and tax credit were not included(as i did not have them). Now that my IPA has been agreed on ,I will get child benefit and tax credit and Iam not sure whether they will consider that as an extra income and change my IPA
does that make sense.
Suzanne Posted - 02 July 2008 : 15:36:11
Hi abd

I'm a bit confused about what you mean. Child benefit and child tax credits are usually included for an IPA if you are claiming expenses for childcare and such like.
What are the new ones you have applied for as opposed to the regular ones?
What is the original IPA based on?

Suzanne Stocker
Bankruptcy Manager
Jones Giles Ltd
www.jonesgiles.co.uk

bankruptcyhelp.org.uk Forum © bankruptcyhelp Go To Top Of Page
Powered By: Snitz Forums 2000 Version 3.4.06