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Tax Credits

Understanding tax credits can be a complex process but UK Tax Credits.com can offer a wealth of helpful information to ensure you understand the process and can correctly apply for tax credits.

Tax credits are payments made from the government to help with the cost of living. We have a wealth of experience in the area of working tax credits and child tax credits, so our knowledgeable team of experts can provide you with all the information you need. We will also provide accurate information on the taxes related to bitcoin trading. There are several investors actively involved in bitcoin trading. The emergence of advanced technologies like the bitcoin profit software have increased the popularity of bitcoins. However, many people are unaware of the taxing related to cryptocurrencies. Those with children can apply, but it is not only those with children who are eligible. If you are employed and receive a low income, you may also be able to apply for working tax credits.

There are many different criteria that have to be met in order to be eligible. Qualifying for tax credits depends on your personal circumstances such as your age, your employment status, whether you have children, and your income among others. If you need any information or advice on tax credits and your eligibility simply contact UK Tax Credits.com and an advisor will be happy to answer any of your questions.

Working Tax Credits

Working Tax Credits are paid to those who work but receive a low income. Whether you are employed or self employed, the tax credits you are eligible to receive is based on the number of hours' work you are paid for.

You can be eligible for working tax credits whether or not you are responsible for children. To be eligible, there are multiple criteria to be met. If you are aged over 25, you must do 30 hours of paid work a week. If you have a disability and are aged over 16, you must undertake at least 16 hours of paid work per week. If you are over the age of 60, you need to do at least 16 hours of paid work to be eligible. The number of hours that must be worked in order to be eligible changes depending on if you are single, in a couple or if you have a child.

Paid work is defined by the tax credit system as the work undertaken by an employee in return for payment, including payment in kind, such as groceries. If you are self employed, paid work is defined as work carried out for payment or profit.

At UK Tax Credits.com we can provide information on all aspects of working tax credits, from eligibility to the payment you may be able to receive. Simply contact the experts today for more information on how to claim tax credits.

Child Tax Credits

Child Tax Credits are paid to those who have a baby or are responsible for at least one child or young person aged under 16. Those with children aged between 16 and 19 may also be eligible to receive payment if the children are in particular forms of education.

If you have a new baby or a child who lives with you until the 31st August after their 16th birthday, you may be eligible for Child Tax credits. After 31st August, if you are still responsible for a young person under the age of 20, you may still be able to claim child tax credits if they are in particular types of education.

You are also eligible to claim for these credits if you are responsible for a child, such as if they usually live with you, their belongings are kept at your home or you pay for their meals.

At UK Tax Credits.com we have a wealth of experience in child tax credits. We can offer you guidance and information on the application process, as well as whether you are eligible to receive payment. Contact the team of specialists who can provide you with all the information you need.

How to get the most accurate Tax Credits information

It is important to renew tax credits each year, to ensure that you are receiving the correct money and continue to be paid. At UK Tax Credits.com we can provide you with information on how to renew and when is the best time to do so.

It is important that you receive the correct information regarding tax credits. The simplest way of knowing how to get the most accurate tax credits information is using a well respected, knowledgeable and trusted source of information, such as UK Tax Credits.com. We are experienced in offering information and advice to those looking to apply for tax credits, so do not hesitate to contact us today.

Working Tax Credits - Child Tax Credits

You maybe able to obtain this information directly & independently by writing to the HMRC Tax Credit office.

Alternatively, you can get answer to your questions directly by calling .

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