Tax credits - online calculator
|Category|| Technical - TCN (archive)
Members may wish to note that it has come to the attention of the Institute that the Revenue's tax credit online calculator assumes that the claimant only became entitled to tax credits at the date of claim ie there is no three month backdating. This means that the figures for tax credits due, shown by the calculator, may be too small. The calculator is also not showing the £26 per annum de minimis limit. Please see details in the attached document.