Is it possible?

Hi I'm new to VS Express 2013 but have been playing around with it for a while, basically i'm trying to make a personal project for income and outgoings.

I want to have about 16 textboxes that I can add 1 at a time with a click of a button. That bit isn't so hard. But when the program is running is it possible that if ive added say 3 textboxes with labels and I decide to remove one with a click of a button that the whole list would move to fill in the gap that a textbox and label was removed from? 

Example

     3 Added                     1Removed                     Gap Closed

Label1  Textbox1          Label1  Textbox1               Label1  Textbox1 

Label2 Textbox2                                                   Label3 Textbox3

Label3 Textbox3           Label3 Textbox3