Do you have to pay the money back if you have been overpaid?

Ii i owe money for overpaid tax credit from 2005 do you have to pay back?

  • Answer:

    This depends upon your personal circumstances. If the overpayment is due to an error by the Tax Credit Office, you could argue that you should not have to pay the money back. You will need to consider the TCO's own guidance rules contained in their document COP26. May I suggest that you look at www.overpaidtaxcredit.co.uk amongst other useful web sites for advice / information. Julian Stern

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