Accrington Web - Child tax credit....

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mrskitty

14-01-2008 21:19

Child tax credit....

Just wondering how child tax credit is worked out,couldn't find a previous thread with the info im after but sorry if there already is one.
Just wondering if its per child,income based or something else?Tia x

Lilly

14-01-2008 21:22

Re: Child tax credit....

Quote:

Originally Posted by misskitty (Post 516972)

Sorry but I cannot for the life of me fathom how it is worked out. I have been overpaid, underpaid and I never knew if it was right in the end.

I don't get it any more as I haven't got any children at nursery now.

derekgas

14-01-2008 21:23

Re: Child tax credit....

Quote:

Originally Posted by misskitty (Post 516972)

I am told it is child based, but that payment for work, working tax credit etc reflect on it, but you can get the child tax credits if your on benefits, so it must be based on children. Your children don'tneed to be at nursery if you are working, your nursery fees are taken into account.

lancsdave

14-01-2008 21:24

Re: Child tax credit....

Income based. Best way is to try the calculator based on what you have for one child then try it again for 2 children and see what the difference is.

IR Tax Credits - Do I qualify?, Do I qualify?

davo69

14-01-2008 21:49

Re: Child tax credit....

Working Families Tax Credit Calculator try this might help

mrskitty

15-01-2008 02:28

Re: Child tax credit....

Thanks for replying guys :D xXx

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