Saturday, January 10, 2009

Is £500 worth a phone call?

With my current run of good luck, on Monday I will be phoning my local tax office.
There is a benefit called Childrens' Tax Allowance which many parents failed to claim in 2002/3.
It is possible your partner claimed the tax benefit, but if he/she didn't, it's worth £500.
The deadline for claims is end of Jan 2009. The eligibility rules are as follows...

*You have a child born between 6 April 1986 and 5 April 2003
*The child lived with you for all or part of 2002/2003
*You worked and paid tax for all or part of 2002/2003
*You or your partner earned £6,000 plus in the year 2002/2003 tax year
(You are eligible for the £1,040 allowance if;
*If you can answer yes to the four questions above, and
*One of your children was born between 6 April 2002 and 5 April 2003

Google it and you find references all over the place. Good luck. Ill let you know how I get on.