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
Child tax credits renewal
Dredd1149
Posts: 2 Newbie
Can anybody tell me if I have to declare ppi compensation and interest paid on payout as other income on child tax renewal. I have looked at the information booklet that comes with the renewal pack and on line but can find nothing about disclosing ppi. I have also tried ringing the helpline but have been cut off twice after waiting twelve minutes.
Many thanks in advance for any replies!
Dredd1149:j
Many thanks in advance for any replies!
Dredd1149:j
0
Comments
-
Is the interest received over £300? If so you only need to state that amount, so if you say got £350 in interest then you'd declare £50 if that makes sense. Capital sums are not currently declarable.0
-
Excellent you have saved a huge phone bill and a headache.
Many thanks0
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
- 604K Mortgages, Homes & Bills
- 178.4K Life & Family
- 261.5K Travel & Transport
- 1.5M Hobbies & Leisure
- 16K Discuss & Feedback
- 37.7K Read-Only Boards