Tax Credits - what is this and who is eligible?

[wins7031]

Hi Amber

I have read through various posts that you arena expert on this topic. I have very limited knowledge about the uk benefits system. Could you tell me who can apply for tax credits?

Rgds
Wins

[Amber]

Depends on your nationality/immigration status and that of your partner, if you have one?

[wins7031]

Indian national eligible for ILR in early July and wife is a Tier 1 dependent. We have one child who is eligible for BC post my ILR

[Amber]

Once you are granted ILR, you may claim child benefit in your name and tax credits in joint names.

[wins7031]

Hi Amber - I am aware of who can claim it. My question is what is it and who usually qualifies for it. Eg: is it for people below a certain income level or similar

[CR001]

https://www.google.co.uk/#q=what+are+tax+credits

http://www.turn2us.org.uk/benefits_search.aspx

Tax credits are income related so if you earn a substantial annual salary, you won't qualify.

[Amber]

Well you should be ok claiming Child Benefit so far as you don't earn more than £50,000 PA. For tax credits, as CR001 points out, it will depend on your income, tapering down as income increases.

See also, Tax Credits Calculator (click).

[wins7031]

Hi CR001 and Amber - thanks ver much. Really appreciate it

Rods
Wins