UK Contact Numbers Releases an Infographic 'How to Claim Tax Credit'
UK Contact Numbers has released an Infographic titled as 'How to claim tax credit'. The Infographic delineates all the criterions of the Tax Credit and provides the contact number for the VAT office.
- (1888PressRelease) February 16, 2016 - London - Tax credits are a form of the incentives provided by the government of the UK to encourage parenting and investments.
The claim for the tax credit can be made by using an online tool or calling the tax credit office. At the time of making the call, the claimant is generally asked information such as National insurance number, last year's income, details of the benefits that he is getting and childcare payments, and the number of the hours that the person works per week.
After calling the Tax Credit office, they send the form which takes two weeks time to arrive. This form has to be completed and submitted at the Jobcentre plus. For the denizens of Ireland, the tax credit form should be submitted to the social security office. The universal credit and the tax credit cannot be claimed on the same form.
A penalty of up to £3,000 can be charged in case the wrong information has been provided either purposely or fraudulently. The tax credit helpline number can provide all the needed help for filling up the form and making the claim.
When to claim?
The claim can be made at any time of the year. The payments are backdated to the start date of the claim; the earlier it is done the more beneficial it is.
Joint Claim
You need to make a joint claim if you are married or living with your partner as in a civil relationship. If a couple has a joint financial account or dependent children, then also the couple needs to make a Joint claim.
What counts as income?
The tax credit is calculated based on the income of the last year. The income includes benefits from the employer and the state, the earnings before tax and National Insurance, money from the pension including the state, and interest on the savings.
The Infographic outlines all other essentials of making the claim for the tax credit.
You can visit UK contact Numbers for more information
About UK-contact-numbers:
UK contact numbers is a UK based online directory and routing service that lists telephone numbers for the main contact centers in the UK. It curtails down the gadfly procedure for reaching the customer care teams of the varied departments; enabling the users to find numbers of major government departments, service providers, and companies facilely. The callers get directed to right customer service agents at the very first attempt.
Contact: http://www.uk-contact-numbers.com/tax-credits/
###
space
space
Satisfied Users & 
Approved Press Releases
Print
Email
Report Spam