LRD guides and handbook March 2014

State benefits and tax credits 2014

Chapter 1

Tax Credits

[ch 1: page 19]

Any rise in income of £5,000 or more during the award year will be taken into account when finalising Tax Credit awards. Before this change came into effect in April 2013 only income rises of £10,000 or more were taken into account (see Chapter 4 for further information about Tax Credits).