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Tax Credits and Capital Gains

T.C.T.C. Experienced MentorRegistered, Tutor Posts: 1,448
I have been trying to find some information on whether capital gains income is included in a working/child tax calculation. I am sure I have read somewhere that capital gains is not classed as income for the benefit of tax credits. Any comments welcome?

Comments

  • groundygroundy Trusted Regular Registered Posts: 495
    I am pretty sure that capital gains are excluded from Tax Credits
  • MonsoonMonsoon Font Of All Knowledge FMAAT, AAT Licensed Accountant Posts: 4,071
    Capital gains aren't included. Can't quote chapter and verse but am pretty sure on this one.
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