Hoping someone can advise me on a quick question?
I'm a single parent and student just coming to the end of my degree. I'm looking on the tax credit calculator trying to estimate my income when I start my career.
Do I state that my income for the previous year is nil? Obviously as a student I've had no actual income, just a bursary, student finance etc.
The final amount of tax credits is a lot more if my previous income is nil. If I put my actual estimated income in this box it's less but obviously I havent earnt that yet.
Hope this makes sense, any advice appreciated