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WORKING TAX CREDIT Q A FAMILY MEMBER LENT ME MONEY

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reann
Posted by
Premium Member

24 Dec 10 #241312 by reann

Topic started by reann

hi all
i was in a bit of a mess with my overdraft after my divorce and my mother lent me some money to half clear it she said i could pay it back when i am in a better position,a friend yesterday said this could effect my tax credits but could not tell me why , she said she has heard it somewere,can any one advise me,as i dont want to get in to any trouble with the tax credit office , as i report all changes i need to. it has upset me a little as i dont want to be worried about this over the holiday. any one heard of this thanks in advance

eyes on horizon
Platinum Member

24 Dec 10 #241315 by eyes on horizon

Reply from eyes on horizon

i wouldnt worry about it, you can say it was a loan from a family member.
changes should be reported like a change in family circumstances and income.

reann
Posted by
Premium Member

24 Dec 10 #241326 by reann

Reply from reann

thank you i am a worrier ,thanks a lot. all the best

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