how much am i allowed to have in my savings when I am on family tax credit?

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how much am i allowed to have in my savings when I am on family tax credit?

2007-03-03 21:29:14 · 2 answers · asked by patricia g 1 in Business & Finance ➔ Taxes ➔ United Kingdom

2 answers

Dont forget all money saved in tax free wrappers (ISA,PEP etc) are not included on the form. You only tell them about the interest you are receiving on your ordinaly savings/current accounts and this amount is added to your total family income.

2007-03-06 05:06:01 · answer #1 · answered by Anonymous · 1⤊ 0⤋

i think its Â£3000 per person ( including kids)

2007-03-03 21:32:27 · answer #2 · answered by ginger 6 · 0⤊ 0⤋