Attention Taxpayers : Make The Government Work For You Sunday, Jul 19 2009
Finance Resources 3:03 pm
With the recession plodding on in 2009, it’s critical to know what benefits you may be eligible for from the UK government. Each year, millions of pounds worth of benefits and tax credits go unclaimed. A small amount of that cash could have been appropriated for yourself, if only you knew you were entitled to it. Be it a working tax credit, child tax credit or family tax credit, it’s wise to do your research and find out what kind of tax credits you’re eligible for.
We recommend you take a look at the Inland Revenue website: taxcredits.inlandrevenue.gov.uk. Here you can find out what tax credits/benefits are acquirable to you, and how you can claim .
It’s essential to say that the method in which such benefits are computed are often quite convoluted, so it’s a good idea to telephone the tax office and chat with an employee there, and explain your actual situation. This is so the inland revenue can determine whether you are entitled to certain benefits/tax credits or not - since the forms you need to complete are often quite long to fill in.
Not only is it great to recognize what benefits you may be entitled to, but you may also think of a family member or a friend who might also be eligible for such a tax credit.
