With the recession biting you may find your income somewhat reduced. And with changes to the allowances that can be claimed on capital expenditure it may be possible to artificially reduce your income by investing in equipment or other assets that allow you to write off the investment against your earnings.

In both cases this may give rise to a reduced level of earnings that would allow you to make a claim for tax credits.

Tax credits fall into two classes. Working Tax Credits (WTC) and Child Tax Credits (CTC).

Essentially if your income is below certain minimum levels, you are 16 years or over and you are resident in the UK, and all the other detailed conditions are met, you can make a claim.

To make a claim for a full tax year you must submit your application before the 5 July. (A three month carry back is allowed.)

To enable us to advise and consider making a protective claim it is essential therefore that we are fully aware of your children and dates of birth, your anticipated income and capital expenditure plans both now and in the future and other possible changes of personal circumstances.Kindly download the form http://www.dnsassociates.co.uk/PDF%20Documents/Tax_Credits_Questionnaire.doc and send us the completed form to enable us to tell exactly how much we can get you.

If you think you may become eligible in the future and are not claiming any tax credits now please contact us as soon as possible to enable us to review your position. These claims could be worth several thousand pounds per annum!

 

Once again I sincerely thank you for going through the email which can result in extra cash in hand for you. So do not miss this chance.