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Tax Credits, confused?

Seadogs_2010
Posts: 206 Forumite
Hi All
I am currently getting tax credits. I work 37.5 hours a week and my take home pay a month is eight hundred a pounds a month and I get 50pound per week working tax credit.
Does anyone know how the changes in April will affect me please?
Thank you for any replies
I am currently getting tax credits. I work 37.5 hours a week and my take home pay a month is eight hundred a pounds a month and I get 50pound per week working tax credit.
Does anyone know how the changes in April will affect me please?
Thank you for any replies
0
Comments
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They'll probably go down a bit as the withdrawal rate is increasing 2%, also some of the elements of WTC are frozen. Rates here: http://www.hmrc.gov.uk/rates/taxcredits.htm0
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