Tax Credits

Tax credits are payments from the government. Whether you are eligible and for how much will depend on whether you work, what your income is and how many children you have. If you’re responsible for at least one child or young person who normally lives with you, you may qualify for Child Tax Credit. You do not have to be working to receive Child Tax Credit. If you work, but earn low wages, you may qualify for Working Tax Credit. You do not need to have children to claim Working Tax Credit but if you do, as part of Working Tax Credit you may also qualify for extra help towards the cost of childcare. Other factors that are taken into consideration when calculating your tax credits entitlement are how many hours you work, the age of your children if you have any and if you or any child living with you has a disability.