Commentary

E2.246 Calculation of tax credits—examples

Personal and employment tax

E2.246 Calculation of tax credits—examples

E2.246 Calculation of tax credits—examples

Calculation—no change in circumstances

Angela is a single parent with two children aged four and five. She is self-employed and works more than 30 hours a week, and has childminding costs of £160 per week.

Her relevant income for tax credits purposes in 2019/20, including her business profits, is £29,000.

As there is no change of circumstances during 2019/20, there is only one 'relevant period' in the period of award (note that if there is more than one relevant period, separate calculations are required for each).

Note that a change in circumstances will mean that the tax credits claim will be migrated to the Universal Credit. See

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