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A small wooden house with wooden blocks spelling out the word 'INCOME' on top of the blocks are small piles of coins.
Updated on 6 April 2024

Income for tax credits

The amount and type of income you have will affect how much tax credits you might get. The rules are the same for child tax credit, working tax credit or both. This page explains what counts as income for tax credits.

A person typing on a calculator
Updated on 6 April 2024

Calculating tax credits

Tax credit awards are made up of a number of elements. The amount of any award depends on the elements that are included in the award and the household income.

wooden figures of a family with 2 children, a green post it note can be read saying 'CHILD TAX CREDIT'.
Updated on 6 April 2024

Child tax credit

Child tax credit is paid by HM Revenue and Customs (HMRC) to support families with children. It is paid independently of child benefit and is payable whether you are working or not.

A yellow piece of paper with the words 'WORKING TAX CREDIT' written on it with black and red ink.
Updated on 6 April 2024

Working tax credit

Working tax credit is paid by HM Revenue & Customs (HMRC) to support people who work and are on a low income. It does not matter whether you are an employee or self-employed. 

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