Tuesday, 30 September 2014

Quick Guide to Tax Credits

Tax Credits are payments from the government that you could be entitled to if you have children.  There are 3 different types of tax credits:

Child Tax Credits: if you are responsible for children, you may qualify for Child Tax Credits. You don’t have to be working to claim Child Tax Credits.

Working Tax Credits: these are available for people who do or don't have children and who work 16 hours or more a week, but are on a low income.

Child Care element of Working Tax Credit: help with your childcare costs. 
You may qualify for these even if you don’t qualify for Working Tax Credits.

Your entitlement will depend on your household income.
Visit: www.gov.uk/qualify-tax-credits-quick-questionnaire to see if you qualify – you may be pleasantly surprised! 

Unfortunately you can not claim online so you will need to get a claim pack by phoning the Tax Credit Helpline:
0345 300 3900

It’s REALLY important to keep the Tax Credit office up to date with ANY changes in your personal circumstances and income as soon as they happen.  That way, you are more likely to avoid being in an overpayment situation and face having to pay large sums of money back, and you can ensure you are receiving the right amount.

For more information visit: www.gov.uk/child-tax-credit

Other help for families
To see if you qualify for any other help, use a benefits checker such as: