Child Benefit lost for high earners

From January 2013 a person who earns more than £50,000 must advise HMRC if they receive Child Benefit personally, or if they are the higher earner of a couple where their partner receives Child Benefit. If you fall into this category you may be receiving a letter soon...

Tax Credits – apply now to secure benefits

In order to qualify for a full year’s Tax Credit claim for 2012-13 your application needs to be made before 6 July 2012. This is because HMRC will not back date an application by more than three months. Based on your past income levels you may be of the opinion that...

Tax Credits

HMRC are in the process of sending out renewal packs to Tax Credits claimants for the tax year 2011-12. If you wish to renew your claims, make sure that you submit the forms before the 31 July 2011 deadline otherwise your payments may stop. The tax credits helpline...