Tax credits
Tax credits are payments from the government to help with everyday costs. If you're responsible for at least one child or young person who normally lives with you, you may be eligible for Child Tax Credit. If you work, but earn low wages, you may be eligible for Working Tax Credit.
Funding can affect the childcare element as you cannot receive for the hours in which you are receiving the Nursery Education Funding. You may be eligible to claim for tax credits as 9 out of 10 families with children are entitled to receive tax credits.
Please visit the HM Revenue and Customs website where you will be able to find details of eligibility and details of the changes to these tax credits that will apply as of April 2007.
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