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Self employed and tax credits. advice please

Hi, I am looking for some advice, this is my first time posting, my husband leaves his current job on Wednesday and registers as self employed on Thursday. I obviously need to let tax credits know this, and was wondering how we work his hours out? We know he will be taking home as wages every week £450, if that helps? Just confused how this works, tax credits mentioned wtc and 24 hours but we have never been entitled to wtc before and they mentioned 24 hours a week? Could someone shed some light on this for me please? I don't want to claim anything we are not entitled to! Thank you in advance.

Comments

  • Icequeen99
    Icequeen99 Posts: 3,775 Forumite
    Hi, I am looking for some advice, this is my first time posting, my husband leaves his current job on Wednesday and registers as self employed on Thursday. I obviously need to let tax credits know this, and was wondering how we work his hours out? We know he will be taking home as wages every week £450, if that helps? Just confused how this works, tax credits mentioned wtc and 24 hours but we have never been entitled to wtc before and they mentioned 24 hours a week? Could someone shed some light on this for me please? I don't want to claim anything we are not entitled to! Thank you in advance.

    I presume you have children? If so, 24 hours is normally what you need to work to qualify for WTC if you have children.

    You say he will be self-employed but taking home £450 per week in wages. Are you sure he will be self-employed? Normally self-employed people don't have a set figure to take home each week. Has he registered as self-employed for tax and national insurance?

    IQ
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