Child & Working Tax Credit


The Child Tax Credit and Working Tax Credit are a key part of the Government’s welfare policy which mixes up the tax system with the social security benefits system. The Government is also keen to reward those who are in work with extra benefits. These tax credits have nothing to do with the tax system. They are not refunds or credits of tax, but are simply benefits administered by HMRC.

They are favourites of Gordon Brown and a key part of the Government’s welfare policy which mixes up the tax system with the benefits system. The government is also keen to reward those who are in work.

For what is a relatively simple idea, the whole calculation of Child Tax Credit and Working Tax Credit can be extremely complex.

© Lennox Trent 2011. All rights reserved.