I am a sahm and dh is self employed as his profit is on a downward slide, and I am looking at options. At what level can you get working tax credit?He is thinking of moving into a completely different field and we are working out how we will manage whilst his income decreases even more and he is setting up a new business.
I have been on the inland revenue site but am unimpressed as it can't even calculate the child tax credit we are getting now
Have to go and get dd from school now. Will check later Thanks
Colette, the site is crap isn't it. But the helpline is a lot more accurate, and they are quite good at you giving them lots of options and doing all these different calculations for you. That might be your best bet, I think it's open until 8pm.
You can get it if your household income is less than 58,000. Agree that the website is crap. It never loads properly and even when it does it won't work it out. The helpline number is much better, but you'll need your national insurance number before they can help you. I think the allowance is tiered.
they have accepted estimated accounts off us and we received a letter to say if we didn't supply accurate accounts and later realised we were entitled to more money we couldn't claim it retrospectively.