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.
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.
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.
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.
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.
HMRC issue some tax refunds automatically. In other cases, you need to actively claim tax refunds. For example, for job-related expenses that you paid for yourself, you need to make a claim by completing form P87. For refunds relating to the 2019/20 tax year, you need to make your claim by 5 ...
From today, 16 February 2024, HMRC is making cost of living payments to eligible tax credit claimants. The payments will be made between 16 and 22 February 2024.