Saturday, October 24, 2009

Does anyone how much you can earn before you lose Child Tax Credit?

At the moment, we only get the minimum amount but think that we won't qualify this year. I have looked on the website and can't see the limits. I don't want them to pay me and have to pay it back, would rather not get it in the first place.

Does anyone how much you can earn before you lose Child Tax Credit?
There is a web site where you can work out what the tax credit amount should be http://www.entitledto.co.uk/
Reply:when you fill your tax forms they will ask you for the previous years earnings so if they ever tell you that you have been overpayed it's their fault not yours, just make sure your acurate with your amounts when you fill the form in. whethr your earning alot or little, still apply for tax credits, working and child thing when you go over £25000 grand a year between you it goes down to summat like £10 a week that you get.
Reply:At £50000 per annum you will no longer qualify for the Child Tax Credit which is the £520 per Year you recieve once you no longer qualify for the initial working Tax credit.


Hope this helps !


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