We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide
What counts as savings for Tax Credits ?
suelees1
Posts: 1,617 Forumite
CIS is right. It's only means tested benefits which have the lower capital limit of £6000. Tax credits are not classed as benefits.
I'll get you, my pretty, and your little dog too!
0
Comments
-
If you check the forms (sorry if you not got yours yet) you don't need to declare any savings which don't give interest either eg ISA, premium bonds, national savings bonds (I think).0
-
Oops meant to say tax free savings don't count eg ISA, also interest free savings eg premium bonds.0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 354.4K Banking & Borrowing
- 254.4K Reduce Debt & Boost Income
- 455.4K Spending & Discounts
- 247.3K Work, Benefits & Business
- 604.1K Mortgages, Homes & Bills
- 178.4K Life & Family
- 261.6K Travel & Transport
- 1.5M Hobbies & Leisure
- 16K Discuss & Feedback
- 37.7K Read-Only Boards