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Self Employed and Claiming Working Tax Credits

tax credits when self employed

Voddiemonster UKBF Newcomer Free Member

Posts: 26 Likes: 3

Is anyone else self employed and claiming working tax credit?

I was advised by a friend that because i am just starting out and I have no capital or savings that I could put down Zero income but claim my hours. I would then be entitled to full tax working tax credits. Does this sound right?

I am just concerned because i have had so much trouble with working tax credits before and i am still trying to get back working tax credits due to me since January, whilst working full time in the NHS so when i do make my change of circumstances, i want to ensure that i do get things right and maybe they wont make any errors this time.

carey bookkeeping UKBF Newcomer Free Member

Voddiemonster UKBF

Newcomer Free Member

Posts: 26 Likes: 3

Thanks for the support Judith. Oh another Southampton lass *waves*

Yeah i know i will have to be careful. In the last 6 years they have messed up my working tax credits 8 times. Each time they have underpaid me and i have had to chase money i have been owed. They have forced me out of work for the 2nd time in 3 years due to this andthe simple fact that without that money i could not afford childcare. Instead of going on income support this time i thought i would go self employed and try my own venture.

Some times bad things happen for a reason and i believe you can turn most negatives in to a positive. I may even bring some business your way once i crack on and get going.

Category: Credit

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