working tax credits

paulr
paulr Registered Posts: 48 Regular contributor ⭐
Good afternoon,
What income figure should be used for tax credit application forms for self employed individuals;
is it Gross or Net as it asks for income on the Government website? ----
thanks,
Paulr.

Comments

  • T.C.
    T.C. Registered, Tutor Posts: 1,448 Beyond epic contributor 🧙‍♂️
    It is always the gross figure.
  • deanshepherd
    deanshepherd Registered Posts: 1,809 Beyond epic contributor 🧙‍♂️
    Depends what you mean by gross and net.

    If you mean before and after expenses, then you only need to give the net.
  • Monsoon
    Monsoon Registered Posts: 4,071 Beyond epic contributor 🧙‍♂️
    Taxable self employment income as shown on their tax return.
  • paulr
    paulr Registered Posts: 48 Regular contributor ⭐
    thanks
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