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Accountants for IR35 Contractors & Freelancers

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Tax Tip Week 13 - Tax Credits

  
  
  
  
  
Tax Credits are awarded by the Government for people who have at least one child normally living with them. The HMRC website states that "nine out of ten families with children receive tax credits".

You may still be awarded payments even if you don't have children but earn a low wage.

A family who earns less than £58,000 per annum and lives in the UK will usually qualify for some tax credits. To find further information and to see if you may qualify please see our guide - Tax Credits.

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