We'd like to remind Forumites to please avoid political debate on the Forum... Read More »
We're aware that some users are experiencing technical issues which the team are working to resolve. See the Community Noticeboard for more info. Thank you for your patience.
📨 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!
Parents income - benefits?
Options

Tamsyn29
Posts: 2 Newbie
I’m trying to work out how much my daughter is likely to get for her maintenance loan for a course starting in Sep 20, living away from home in London.
Do we count the tax credits and child benefit we receive as our income? I can’t seem to find anything that says what benefits we include or might exclude.
Also, as I’m self employed and I made a loss in the year that is assessed, for tax credit purposes, I can deduct this loss from my husband’s income. Does that apply for student finance as well, or not.
Thanks.
Do we count the tax credits and child benefit we receive as our income? I can’t seem to find anything that says what benefits we include or might exclude.
Also, as I’m self employed and I made a loss in the year that is assessed, for tax credit purposes, I can deduct this loss from my husband’s income. Does that apply for student finance as well, or not.
Thanks.
0
Comments
-
See the form here, it tells you what benefits you have to include. Basically taxable benefits, so you don't need to declare tax credits or child ben. https://media.slc.co.uk/sfe/1920/ft/sfe_pff2_form_1920_o.pdf
Not sure whether you offset self employed losses, doesn't seem to be a section on the form where you can declare losses unless you put a negative figure in self employed income!0 -
Thanks, this answers my questions.0
This discussion has been closed.
Confirm your email address to Create Threads and Reply

Categories
- All Categories
- 350.9K Banking & Borrowing
- 253.1K Reduce Debt & Boost Income
- 453.5K Spending & Discounts
- 243.9K Work, Benefits & Business
- 598.8K Mortgages, Homes & Bills
- 176.9K Life & Family
- 257.2K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.1K Discuss & Feedback
- 37.6K Read-Only Boards