Tax Credits Number 0843 455 0127 Help with claiming your Tax Credits

Tax credits are government benefits given to people who are taking care of children and other dependants, and those who are on a low income. These benefits aim to make it easier for caretakers to meet the costs of everyday life as they try to look for higher income opportunities.

There are mainly two types of tax credits;

Child tax credit
Working tax credits

Tax credits are means-tested; the amount you get will depend on your circumstances. This means that your National Insurance contributions will not be a determining factor when you apply for tax credits. You will not be required to pay taxes on any amount you get in benefits. You can call Tax Credits number 0843 455 0127 if you have any queries.

Child Tax Credits Number

Child tax credit is a state benefit that aims at helping you with the costs of raising a child or children. Typically, children under 16 years or those up to 20 years but are in full-time education can qualify for this benefit.

The amount given in CTC depends on a range of factors such as;

Family income
Whether the child lives with you or someone else
Whether the child has a disability or not

When you make an application, the Tax Credit officer considers your circumstances as well as those of your partner to determine the amount you are entitled to. Let’s take a look at how much you can get.

The Element	Annual Amount
Each child	Up to £2,780
Each child with a disability	Up to £3,175 over the standard child rate
Each child with a severe disability	Up to £1,290 over the amount given to normal and disabled children

These amounts apply to the 2017-18 tax year. Note that the value changes annually; you may need to confirm the maximum amount you can get in the subsequent years. If you would like to confirm the maximum amount payable at any time, Tax Credits number 0843 455 0127 for accurate information.

How Your Income Affects Your Child Tax Credit Amount

The annual household income determines the limits of the amount you get in tax credits. If your income matches or is lower than the limits set, you can qualify for child tax credit.

Households with childcare costs should have an annual income limit of £40,000 for one child, £55,000 for two and £65,000 for 3 or more children.
Households that do not have childcare costs should have an annual income limit of £25,000 for one child, £35,000 for two and £40,000 for 3 or more children.

Here is how it works; if your annual income is £16,105 or lower, you’re entitled to the maximum amount payable for each child. This is the income threshold. Any amount you earn over this threshold reduces the tax credits you can claim by 41p for every £1.

How to Claim Child Tax Credit

You can apply online on the government website or call Tax Credits number 0843 455 0127 and request to have an application form sent to you.

Changes Affecting Child Tax Credit

Since the benefits are given based on your circumstances, it is vital to communicate any changes in those circumstances immediately. For example, if you suddenly start earning less or more, communicate that to your Tax Credit officer.

Any income change of £2,500 or more should be communicated immediately so that the benefits are adjusted accordingly. Failure or delay in communication such changes may lead to you giving a refund of the excess benefits or losing out.

Working Tax Credits

These are government benefits that are meant to assist workers on low income to meet their daily living expenses. These benefits are given to both self-employed and employed workers.

The amount you receive as working tax credit is based on your prevailing circumstances such as your income, whether or not you have a disability and whether or not you are taking care of children.

Note, you can’t claim working tax credit if you are already receiving Universal Credit.

Am I Eligible for Working Tax Credits?

Since Universal Credit came into effect, new working tax credit claims are only accepted if;

You live in an area where Universal Credit is not yet in effect
You or your parent qualify for pension credit

Those who qualify for the working tax credits should;

Be 25 years or older and working the stipulated minimum number of hours
Be between 16 and 24 years and have a disability or taking care of a child

The Stipulated Working Hours

Circumstance	Minimum Working Hours per Week
25-59 years	30
60+ years	16
Living with a disability	16
Lone parent (1 or more children)	16
Couple with children	24 between the two (with one working at least 16 hrs)

How Much Is Given In Working Tax Credits

Element	Maximum Annual Amount
The lone parent or couple	£2,010
If working at least 30 hours weekly	£810
If with a disability and still working	£3,000
If severely disabled	£1,290
If paying for registered/approved childcare	70% of childcare costs

How to Claim For Working Tax Credit

Go to the GOV.UK website to apply. You can also call Tax Credits number 0843 455 0127 to get a claim form or to follow up on existing claims.

Updating Your Tax Credits

Tax credit claims renewed annually; you might want to ensure that you update on time. You will receive a notification from the Tax Credits office asking you if you want to renew your claim.

If your circumstances have changed and may affect the amount you get in benefits, it is essential to declare them at this point. Even the most trivial of changes such as a child leaving home, or moving houses etc. should be communicated to the tax credit office.

Increase or decrease in income is among the changes that should be reported immediately as they affect the amount you can receive in benefits.

Working Tax Credit and Universal Credit

Working tax credit is among the six benefits that are being phased out as Universal Credit gradually replaces them. If you are already receiving working tax credits, you may not be affected by the change. However, anyone wishing to make a claim is directed to Universal Credit.

You cannot claim Universal Credit and tax credits at the same time. You can call Tax Credits number 0843 455 0127 for more details on the transition, how to fill the proper forms and information on how the change affects you.