Home For accounting professionals General accounting discussion

Child Tax Credits

MoobagMoobag Feels At HomeRegistered Posts: 59
Hi

Just wondered what figure needs to be given to a client re Child Tax Credits?

She is employed and self employed but with regards tot the profit figure I wasn't sure if it was the Net Profit figure or the adjusted Net profit figure that you would give for them to enter on their renewals form.

Any help greatly appreciated.

Comments

  • TigerTiger Feels At Home Registered Posts: 63
    the employment part straight from the P60 and the profits chargable to tax for the self employed income... ie after cap allowance adjustments etc etc
  • MonsoonMonsoon Font Of All Knowledge FMAAT, AAT Licensed Accountant Posts: 4,071
    I use the figures from the final tax computation, so it would be the adjusted for tax figure.
Sign In or Register to comment.