TAX CREDITS CUSTOMERS WILL CONTINUE TO RECEIVE PAYMENTS EVEN IF WORKING FEWER HOURS DUE TO COVID-19

 

The government has confirmed that people who cannot work their normal hours because of coronavirus (COVID-19) will still receive their usual tax credits payments.

Those working reduced hours due to coronavirus or those being furloughed by their employer will not have their tax credits payments affected if they are still employed or self-employed.

These customers do not need to contact HMRC about this change. They will treat customers as working their normal hours until the Job Retention Scheme and Self-Employment Income Support Scheme close, even if they are not using either scheme.

HMRC will use the information they hold about the number of hours they normally work.

Customers can still report any other changes in income, childcare and hours in the normal way. However, they must tell HMRC if they or their partner lose their job, are made redundant or cease trading.

Customers can continue to claim Working Tax Credit and be treated as though they are working their normal hours, but they should check GOV.UK to see if additional or alternative support is available based on their personal and financial circumstances.

 

See: Tax credits customers will continue to receive payments even if working fewer hours due to COVID-19  on Gov.uk

 

 

Previous
Previous

Business Bounce Back Loan – FAQ’s & Application Form Links

Next
Next

TOP-UP TO LOCAL BUSINESS GRANT FUNDS SCHEME