Tax credits
- 9 out of 10 families qualify for tax credits – is yours one of them?
- Even if you don't have children you may qualify for working tax credit
- How tax credits are worked out
- How to claim tax credits and what are the downfalls
What's in this guide
What are tax credits?
Don’t be fooled by the name. Tax credits don’t reduce your tax bill
Who qualifies for tax credits?
Whether you are eligible for tax credits depends on your family circumstances and your income
What counts as income for tax credits purposes?
How much tax credit you are entitled to depends on how much income you have
Child tax credits: the basics
Child tax credits are there to support people with children. You don’t have to be on a low income
Working tax credits: the basics
You don’t have to have children to be eligible for working tax credits, but you do have to be working
How your tax credits award is worked out
Whether you are eligible for either or both tax credits, your income will affect how much you get
What to do about tax credits if your circumstances change
Some changes you have to tell HMRC about within one month of them happening.
Tax credit overpayments
One of the biggest problems people have had is being paid too much
Renewing your tax credits
If you are already receiving tax credits, here’s what you need to know when you come to renew