Meet the Other Phone. A phone that grows with your child.

Meet the Other Phone.
A phone that grows with your child.

Buy now

Please or to access all these features

Other subjects

tax credits

1 reply

Hther · 16/11/2009 13:51

if you are getting child tax credit and are a single payment, and you come into some money, and therefore lose your income support, housing ebenfit and council tax benefit, do you have to tell tax credits, soes it affect that too?

OP posts:
prh47bridge · 17/11/2009 13:34

Whether it will affect your tax credits depends on whether this counts as income. Given that you say you "came into some money", I would guess we are talking about something you won, a legacy or similar, in which case it doesn't count as income so your tax credits would not be affected. Even if it does count as income, it won't have any immediate effect unless the amount of money involved is more than £25,000.

I would play safe and tell them. If you don't and you end up receiving too much in tax credits, you will probably have to pay it back and may have to pay a penalty as well.

New posts on this thread. Refresh page