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June 27th, 2009 Are You Eligible for Tax Credits?

With the recession raging on in 2009, it’s critical to realise what benefits you may be eligible for from the government. Every year, tens of millions of British pound sterlings worth of tax credits go unclaimed. A portion of that dosh may well have been earmarked for yourself, if only you knew you were eligible for it. Be it a child tax credit, working tax credit, or family tax credit, it’s advised to do your homework and find out what kind of benefits you’re eligible for.

A good place to start is by going to the the Inland Revenue website : taxcredits.inlandrevenue.gov.uk. On this website you can find out what benefits/tax credits are on offer to you, and also how you can claim .

It’s important to note that the way in which many tax credits are computed are usually rather intricate, so it’s a smart move to call the tax office and speak with a representative there, and explain your particular situation. That way they can determine whether you meet the requirements for certain benefits/tax credits or not - since the application forms you need to fill in can be quite long and time-consuming to complete.

Not only is it important to know what tax credits / benefits you may be eligible for, but you may consider a family member who may be eligible for such a benefit.

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Posted in Fortune, Helpful Tips |

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