What's the difference between the Tax Credit and the Tax Rebate? Are they same?

tax credits is like a top up you get on your wages if you are in a low income job, paid either weekly or monthly by the local government





a tax rebate, is if during the working year, you pay too much income tax, you put a claim in and get the money back, for example if you start a new job you initially pay tax at a higher rate (called emergency tax) once your tax rate has been calculated the amount of tax you pay will be reduced, hence at the end of the tax year you will be entitled to a rebate

What's the difference between the Tax Credit and the Tax Rebate? Are they same?
They are not the same.


tax credits are are weekly paid benefit, a tax rebate is paid when you paid too much tax in your earnings.

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