Selling an asset and tax credits

Londongirl007

Hi peeps
I'm looking for advice here as I can't seem to find it anywhere else.
I recently sold a rental property that made a profit. So, for that particular tax year, instead of just earning my regular amount, I gained money from the sale of that property, which is not classed as income, but classed as a capital asset. Obviously, the sale of that property will not be repeated every year as it was a one off sale.

I'd like to find out if tax credits would be affected, and whether they would consider the asset sale profit as "income" I have paid capital gains tax on the profit so surely it is classed as a capital sum? It doesn't feel right to me that tax credits would put that gain in the same pot as my income..or am I wrong?

It is not income from self employment but income from a property sale...which I believe is different.

I hope someone can enlighten me and give me clues as to whether the property sale should be considered as "income" for tax credits purposes.

Thanks in advance for the replies.

WYSPECIAL

They’ll only be concerned with the interest you get on this capital sum which you’ll have to declare. However you’ll no longer have the rental income so it probably won’t be that much different.