Finalising the tax credit award

Produced by Tolley
Finalising the tax credit award

The following Personal Tax guidance note Produced by Tolley provides comprehensive and up to date tax information covering:

  • Finalising the tax credit award
  • Migration of tax credits to Universal Credit
  • Finalising the tax credit award
  • Income disregard
  • Impact on current award in payment

Migration of tax credits to Universal Credit

New claims for tax credits are no longer possible as they have been replaced by the universal credit for all claimants except those entitled to severe disability premium. Existing claimants will continue to receive tax credits until they are migrated to the universal credit system. Migration will take place when a change in circumstances is reported.

See the Universal credit guidance note.

When a claim is subject to the renewals process, the claim and amount awarded is finalised, and if necessary, adjusted according to the actual income of the year of claim.

The initial award put into payment is based on the income of the previous year, or sometimes on an estimate for the current year. This enables a provisional award to be made. See

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