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UK Window Cleaning Forum => Window Cleaning Forum => Topic started by: Klean07 on March 12, 2009, 07:22:47 pm

Title: Tax credits?
Post by: Klean07 on March 12, 2009, 07:22:47 pm
Was talking to a wc the other day and he told me he gets tax credits and council tax benefit and lives alone. Do you think he was telling me porkies or can someone legally get these benefits and if so whats the cut off figure.
Title: Re: Tax credits?
Post by: NWH on March 12, 2009, 07:30:33 pm
He must be either a liar or earning peanuts.
Title: Re: Tax credits?
Post by: matt on March 12, 2009, 07:44:51 pm
you can get tax credits if you have a family if you earn under around 20 K
Title: Re: Tax credits?
Post by: HIGH LEVEL WINDOW CLEANERS (scrimmy) on March 12, 2009, 07:49:38 pm
beleive it or not you can claim tax credits if you have the following circumstances.

1. work more than 30 hours a week

2. your accounts at the end of the tax year showed little profit, even if your turnover is say 30-40k the tax credit people aint interested in that figure, they only want to know your PROFIT, so if your PROFIT is only say 8k-10k then you may find you are entitled to around 70 quid a week ;)

and you dont need kids to qualify....but check it out for yourselves by doing the online assesment...just google "working tax credit online assesment"

or try here   

http://www.taxcredits.inlandrevenue.gov.uk/Qualify/DIQHousehold.aspx
Title: Re: Tax credits?
Post by: henryroberts on March 12, 2009, 07:52:48 pm
someone once told me if u earn less than 12k you can claim working tax
Title: Re: Tax credits?
Post by: Chris B on March 12, 2009, 07:53:46 pm
even up to about 30k everyone is entitled to tax credits..
Title: Re: Tax credits?
Post by: geefree on March 12, 2009, 08:03:06 pm
unless your lass is working and it amounts to loads.
Title: Re: Tax credits?
Post by: chris@c.m.s on March 12, 2009, 08:12:16 pm
Yes you can I get both, I'm a single parent with 4 kids at home and 2 under 16 my round most would consider is part time but is growing steadily as the kids become more independent. and yes I do file tax returns before anyone judges me. ;)
Title: Re: Tax credits?
Post by: ftp on March 12, 2009, 08:19:13 pm
How do people that 'work the system' find their entitlements? I know of a few people that seem to know how to make the most of the system and seem to do very well. My neighbour for example hasn't worked for the last three years that i know of, but has a similar house to me and a brand spanking new car on the drive. I would imagine he has no intention of ever working again. My wife has workmates who say they were better off on the dole before they worked in her supermarket.
Is there a website that gives inside information on how to do it?
Title: Re: Tax credits?
Post by: Klean07 on March 12, 2009, 10:26:20 pm
I dont really think anyone would be better off on the dole even though your council tax is paid. The guy with new car on drive may have bought it through the mobility scheme so could be on benefits. Who knows.
Title: Re: Tax credits?
Post by: matt on March 12, 2009, 10:29:12 pm
i allways thought it was for people with children

you learn something new every day
Title: Re: Tax credits?
Post by: matt on March 12, 2009, 10:30:27 pm
How do people that 'work the system' find their entitlements? I know of a few people that seem to know how to make the most of the system and seem to do very well. My neighbour for example hasn't worked for the last three years that i know of, but has a similar house to me and a brand spanking new car on the drive. I would imagine he has no intention of ever working again. My wife has workmates who say they were better off on the dole before they worked in her supermarket.
Is there a website that gives inside information on how to do it?

we had some1 on here who used to say that if he worked any more than 3 and 1/2 days per week, he lost alot of money from tax credits etc etc , the amount he lost meant he would have to work 6 days to make up the difference
Title: Re: Tax credits?
Post by: mileslake on March 12, 2009, 10:32:08 pm
Typical Mc Brown scottish  confusing rubbish
Title: Re: Tax credits?
Post by: LWC on March 12, 2009, 10:43:15 pm
i allways thought it was for people with children

you learn something new every day

Me too? this a new en on me...lets get filing out the forms!
Title: Re: Tax credits?
Post by: chris@c.m.s on March 12, 2009, 10:45:49 pm
Matt that pretty much sums up my situation, however I still intend to build my round so for a while I'll be working harder and not really benefiting from it but it will be worth it in the end hopefully  ;D
Title: Re: Tax credits?
Post by: seandyer2003 on March 12, 2009, 10:46:00 pm
I was gonna post this yesterday, i am in my first year just, but last year my earnings were very low as i was employed for 6 months, then unemployed for a bit... so tax credits for the current year go off last years figures, and i am entitled to a fair whack because i earnt little and have a child now, once i kick in this years accounts though it will go down alot but iwill still get a bit, my mate is a builder, he said he declared 19 k last year ,  but he has 4 kids and wife doesnt work so gets £600 a month credits....  So its worth looking it up,

try here - http://www.direct.gov.uk/en/MoneyTaxAndBenefits/TaxCreditsandChildBenefit/index.htm

theres a calculator there to that will tell you what your entitled to if anything

and before anyone moans about benefit cheats bla  bla, this is a legitiamate subsidy its why you pay NI, why not get it back!!!

Only one warning, dont spend it all till your sure your earnings are what you say they are because they claw it back if its wrong!!!
Title: Re: Tax credits?
Post by: mci services on March 12, 2009, 10:56:24 pm
I was gonna post this yesterday, i am in my first year just, but last year my earnings were very low as i was employed for 6 months, then unemployed for a bit... so tax credits for the current year go off last years figures, and i am entitled to a fair whack because i earnt little and have a child now, once i kick in this years accounts though it will go down alot but iwill still get a bit, my mate is a builder, he said he declared 19 k last year ,  but he has 4 kids and wife doesnt work so gets £600 a month credits....  So its worth looking it up,

try here - http://www.direct.gov.uk/en/MoneyTaxAndBenefits/TaxCreditsandChildBenefit/index.htm

theres a calculator there to that will tell you what your entitled to if anything

and before anyone moans about benefit cheats bla  bla, this is a legitiamate subsidy its why you pay NI, why not get it back!!!

Only one warning, dont spend it all till your sure your earnings are what you say they are because they claw it back if its wrong!!!
i agree i claim it and get it, as long as your honest with your earnings you will get something and you are entiltled to it. just fill in the forms honestly and if you get something bonus, if you dont well nothing lost
Title: Re: Tax credits?
Post by: karygate on March 13, 2009, 05:56:58 am
it is split up into 2 parts. working tax credits everyone is entitled to whether you have children or not and do not earn too much. childrens tax credits only apply to those of us that have children. when i started window cleaning i used to do a second job to keep me going .then it got to be too much and to be honest i was better off just doing the window cleaning after it was all worked out. just do the calculator on the www.direct.gov.uk and see if you qualify.