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working tax credits

paulrpaulr Feels At HomeRegistered Posts: 48
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. Experienced Mentor Registered, Tutor Posts: 1,448
    It is always the gross figure.
  • deanshepherddeanshepherd Font Of All Knowledge Registered Posts: 1,809
    Depends what you mean by gross and net.

    If you mean before and after expenses, then you only need to give the net.
  • MonsoonMonsoon Font Of All Knowledge FMAAT, AAT Licensed Accountant Posts: 4,071
    Taxable self employment income as shown on their tax return.
  • paulrpaulr Feels At Home Registered Posts: 48
    thanks
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