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tax credits and tax rebate
strong8096
Posts: 70 Forumite
in Cutting tax
question as ive not come across it as I deal mainly with single guys, a tax rebate and your tax credits, is it something they declare?
0
Comments
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strong8096 wrote: »question as ive not come across it as I deal mainly with single guys, a tax rebate and your tax credits, is it something they declare?
No.
A tax rebate is not declared. Your gross income is declared on the form not your net income. Whatever tax is due/refunded does not affect tax credits.:footie:
Regular savers earn 6% interest (HSBC, First Direct, M&S) Loans cost 2.9% per year (Nationwide) = FREE money. 0 -
cool thanks can tell him as hes due rebate and has to renew tax credits and I had no idea on that one0
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Use this if needed in future - https://www.gov.uk/guidance/tax-credits-working-out-income0
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