Child Tax Credits
March 22nd, 2010
Question: Question about childcare element of child tax credits in the UK?
Lone parent on a salary of £14000
Registered childcare of £150 per week paid to childminder
What percentage of my childcare costs would be paid by the childcare element of the child tax credits in the UK?
I have heard it would be 80% but I would like some informed opinions.
What would this percentage be if my childcare costs were reduced to £100 per week.
Any assistance appreciated!
Answer: Ring up the tax credits and ask them as everyones entitlement is different.
Use all your tax credits or you’re going to lose them
Credit is pretty tough to come by these days — unless it’s tax credits. There are more tax credits available this year than ever before; more than 25 of them.
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