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Tax Credits - Other Income?

Am I supposed to include interest received from savings in here? I don't really see it as income!

Comments

  • Gaz83
    Gaz83 Posts: 4,047 Forumite
    1,000 Posts Combo Breaker
    Yes, you are, but only if it (along with any Other Income you have) is more than £300 per year (and you discount the first £300 of it).

    It doesn't apply to ISAs or other similar tax-efficient savings products, but it does to standard savings / current accounts.
    "Facism arrives as your friend. It will restore your honour, make you feel proud, protect your house, give you a job, clean up the neighbourhood, remind you of how great you once were, clear out the venal and the corrupt, remove anything you feel is unlike you... [it] doesn't walk in saying, "our programme means militias, mass imprisonments, transportations, war and persecution."
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