Working Tax Credits
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If you have children then you can get some money from the government to help with the costs of raising a family.
As well as child benefit, most parents are entitled to Child Tax Credits. Despite its name, this is money paid directly to whoever looks after the child. The amount you get will vary, and is based on your household income. You can earn over £50,000 a year and still get some money. Plus there is an extra amount if you use registered childcare.
You can check your entitlement and apply online at www.taxcredits.inlandrevenue.gov.uk
If you don't have access to the Internet, you can check your eligibility or get a claim pack by phoning 0800 500 222. This line is open between 7.00am and 11.00pm, seven days a week.
The form takes a while to fill out and you will need to know how much you earned in the last tax year, but it is likely to be worth it: families with incomes of up to £50,000 received at least £545 in the 2003/04 tax year.
Frequently Asked Questions
Check out our Working Tax Credits section for answers to all your questions on tax credits and how to claim them.
links
- Inland Revenue Tax Credits
www.inlandrevenue.gov.uk/taxcredits - Babyworld
www.babyworld.co.uk/information/money/taxcredit.asp
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