Working Tax Credit

Working Tax Credit is a state benefit in the United Kingdom made to people who work and have a low income. It was introduced in April 2003 and is a means-tested benefit. Despite their name, tax credits are not to be confused with tax credits linked to a person's tax bill, because they are used to top-up wages. Unlike most other benefits, it is paid by HM Revenue and Customs. WTC can be claimed by working individuals, childless couples and working families with dependent children. In addition, people may also be entitled to Child Tax Credit if they are responsible for any children. WTC and CTC are assessed jointly and families remain eligible for CTC even if where no adult is working or they have too much income to receive WTC. In 2010 the coalition government announced that the Working Tax Credit would, by 2017, be integrated into and replaced by the new Universal Credit. However implementation of this has been repeatedly delayed and may not be finished until 2022.


Taxation in the United Kingdom - Taxation in the United Kingdom may involve payments to at least three different levels of government: central government, devolved governments and local government.
UK labour law - United Kingdom labour law regulates the relations between workers, employers and trade unions. People at work in the UK can rely upon a minimum charter of employment rights, which are found in Acts of Parliament, Regulations, common law and equity.
Earned income tax credit (1975) and New Jobs tax credit (1977) in the US.
Child welfare in the United Kingdom
Tax credits
Taxation in the United Kingdom
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