18th May 2012
The government has made major changes to tax credits with effect from 6 April 2012.
Previously, you could usually get some form of Child Tax Credit (CTC) if your income was below the limit of £41,300. From 6 April 2012 the income limit depends on individual circumstances, but as a rough guide CTC will not be payable if:
To read more visit: http://wwtaxclub.blogspot.co.uk/2012/05/tax-credits-changes.html