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    • mishy1965
    • By mishy1965 6th Sep 17, 2:56 PM
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    mishy1965
    miss
    • #1
    • 6th Sep 17, 2:56 PM
    miss 6th Sep 17 at 2:56 PM
    Hi, can anyone advise me please. I am due to receive 60k in inheritance for myself and my daughter. I am a single mother of 1 child age 13 and claim working and child tax credit. will i lose both my tax credits. tia
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    • Darksparkle
    • By Darksparkle 6th Sep 17, 3:02 PM
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    Darksparkle
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    • 6th Sep 17, 3:02 PM
    • #2
    • 6th Sep 17, 3:02 PM
    Inheritance isn't income for tax credit purposes. However any interest you receive on it over £300 per annum must be declared.
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