Are You Missing Out On Unclaimed Tax Credits?
With the down turn in the economy raging on this year, it’s essential to recognize what benefits you are entitled to from the government / tax office. Every year, millions of pounds worth of benefits go unclaimed. A small amount of that dosh could have been reserved for you, if only you understood you were entitled to it. Be it a working tax credit, a tax credit to help home buyers, or child tax credit, it’s wise to do your research and determine the type of benefits you’re eligible for.
We recommend you take a look at the Inland Revenue website: taxcredits.inlandrevenue.gov.uk. Here you can get information on what benefits/tax credits are on offer to you, and how you can claim .
It’s critical to remark that the way many benefits / tax credits are computed are usually rather convoluted, so it’s a smart move to phone the tax office and talk to a representative there, and state your actual circumstances. This is so they can find out whether you qualify for certain benefits/tax credits or not – as the forms you must complete are often quite long and time-consuming to fill in.
Not is it only important to understand what tax credits you may be entitled to, but you might consider a family member or a friend who might also be entitled to such a tax credit.
