Working Tax Credits

red_machenka

I am thinking of working for myself and sending my daughter to nursery. I have been told that I will get working tax credits. Is there anything that i should do to get working tax credits. ie. only work a cetain number of hours a week etc.

TheWaltons_3

red_machenka wrote: »

I am thinking of working for myself and sending my daughter to nursery. I have been told that I will get working tax credits. Is there anything that i should do to get working tax credits. ie. only work a cetain number of hours a week etc.

Are you single?


If so, you will get child tax credits and working tax credits - you are better off working more hours, over 30 I think.

N71

You need to work a minimum of 16 hours to qualify for tax credits, and you get an extra premium for working over 30 hours a week.

You'll also get 80% (I think) towards your childcare costs.

If you know roughly how much you'll be earning, you can get a calculation on the Tax Credits website.

If you're single and claim support through the CSA, any mainenance will be payable to you, in full.

Don't forget though, if you're going off income support to go into work, you'll no longer qualify for housing benefit, council tax benefit, school meals, etc etc.