What are tax credits?

Millions of people across the UK receive benefits, including tax credits, to help them cover the cost of living.

There are two types of tax credits – working tax and child tax credits.

Working tax credits are given to people on low incomes or registered as disabled.

Meanwhile, child tax credits are given to adults who have children under 16 who are dependent on them.

The amount you can get on working tax credits depends on your circumstances – you are entitled to a basic amount worth up to £2,280 though.

Beyond this, there are additional elements that can increase your entitlement, like if you have a disability.

The amount you get on child tax credits depends on when your children were born.

If they were born before April 6, 2017, you could get the “child element” for all of them.

You will also get the basic amount, known as the “family element”.

This post first appeared on thesun.co.uk

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