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tax credits, self employed and hours

3 replies

mafog · 18/07/2010 10:35

If you are self employed, how do you work your hours out for tax credit purposes. Especially if they vary week to week. Just discovered that there is quite a differentce between 0-15 hours and 16+ with regards to what we would receive.

OP posts:
MoonUnitAlpha · 18/07/2010 10:41

If your hours are around 16, then say 16. My other half has similar in that when he's busy he might be working all hours, then sometimes he's only really doing a few hours of work each week. You can count time researching, networking, preparing, marketing yourself etc as work hours too apparently.

purplepeony · 18/07/2010 11:07

Do tax credits apply only to people with children?

Sorry to ask something so basic but I am s/e and work around 16 hours a week,but kids are adults now. Am I missing out on something?

MoonUnitAlpha · 18/07/2010 11:48

If you have no children you have to be working full time (over 30 hours) I think.

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