Tax Tips - Tax Credits

These tips are guidance only and do not constitute specific advice. Detailed professional advice should be taken before action or refraining from action.

Working Tax Credit (WTC) and Child Tax Credit (CTC) were introduced for the first time in 2003/04. The rates of WTC and CTC usually increase in line with inflation. Check your entitlement. Ensure HM Revenue & Customs are keep update to date in respect of any changes to your personal circumstances or income.

Designated Members : M.J. Jay, F.C.A. • P.E. Farrow, F.C.C.A., A.C.A. • J.W. Hall, F.C.C.A., A.C.A. • J.R. Turner, Dip. P.F.S., A.I.F.P. • R.D. Gray, A.C.I.B. • S.J. Edwards, A.C.A.
Member: S.T. Boote, B.Sc (Econ), F.C.A.

Offices at King's Lynn and Downham Market. Registered to carry on audit work and regulated for a range of investment business activities by the Institute of Chartered Accountants in England and Wales. Mapus-Smith & Lemmon LLP is a registered limited liability partnership.