Tax credits and benefits calculator
Many families in the UK are entitled to regular tax-free payments known as Tax Credits - are you?
To find out how much your family might be able to claim, use our quick calculator below. Just answer a few simple questions to calculate your potential weekly benefit.
You can read more about how to claim them in our Tax Credits guide.
How we worked this out…
| Working tax credit excluding childcare element | £0.00 |
|---|---|
| Working tax credit childcare element | £0.00 |
| Child tax credit | £0.00 |
| Tax credits | £0.00 |
|---|
Based on the above you might be entitled to this much in tax credits each week:
| Total | £0.00 |
|---|
Next steps
You can read more about how to claim your potential weekly benefits in our Tax Credits guide.
Tax credits can help you bridge the gap in income and towards the cost of raising your children. But it’s also important to think about securing your child’s financial future.
It starts with nappies and baby grows then before you know it, they’re off to university. You could save from just £10 a month in a Junior ISA, and by the time they come of age, your kids could have a nest egg to give them a boost as they step into the adult world.
Examples of how much your family could receive
How much child tax credit could you receive per week if you have 3 children? Below are some examples of how much could be claimed depending on different circumstances (please note the amount you could claim depends on your own circumstances):
|
Status |
Hours worked by you |
Hours worked by your partner |
Annual Household income (before tax) |
Children |
Children in childcare |
Cost of childcare (per week) |
Amount you could claim (per week) |
|---|---|---|---|---|---|---|---|
|
Couple |
None |
30 hours |
£24,000 |
2 |
0 |
£0 |
£70.52 |
|
Couple |
8-15 hours |
30 hours |
£30,000 |
3 |
3 |
£230.85 |
£76.66 |
|
Single |
30 hours + |
- |
£24,000 |
1 |
1 |
£153.90 |
£124.64 |
Interested in saving for your family's future?
We're an award-winning children's savings and investments provider*.
We offer a selection of simple, affordable ways to invest for your child's future.
All of these products invest in stocks and shares so we want to remind you that their value can fall as well as rise, meaning your child could get back less than was paid in.
*We’ve won the Best Junior ISA Provider award four years running: as Family Investments in 2012 and 2014, and as OneFamily in 2015, 2016 and 2017.