Working tax credit forms are forms filled by workers who meet the minimum requirements for working tax credit. Working tax credit is a scheme where workers who have credit to help them supplement their income if whatever they earn is insufficient or they are unable to earn the minimum required wage to sustain their livelihoods. For a first time applicant of working tax credit, the form to fill is form TC600.
Information required on the form
In the form, the claimant is required to fill lots of personal information including your personal income for the entire previous year, the hours of work per week, the amount of wages earned from the total number of hours worked per week among lots of other individual information. Your marital status and your spouse's income details will also be needed. In circumstances where the applicant has left a job, evidence towards this may be required. This means that you might have to submit forms P60s or R45s to support your allegations.
Different types of working tax credit forms
The following are some of the commonly used working tax credit forms for different reasons.TC602 are used to file an application to check on the tax credit awards that you may have won. The TC603R and the TC603RD are used to file for tax credit renewal and tax credit renewal pack and declarations for annual reviews of your tax credit status.
In case you need to appoint an intermediary to follow up on working tax credit on your behalf, you will be compelled to fill the form TC689 in which you will enlist the intermediary. In other instances, disputes may arise regarding working tax credit awards. Such disputes can only be resolved by filling the TC846 from where it is possible to correct any amounts that may have been wrongfully paid. Other applicants may fall under the category of disabled persons, such claimants must fill the form TC956 in which they will fill all their personal details for the tax authority to be able to determine their eligibility for the disability element of working tax credit.
It is also worth noting that the working tax credit forms can be translated in different languages and are mostly available online in portable document format (PDF). Another situation that may demand the use of a working tax credit form is a situation where an applicant has been give a gift aid, or has some pension payments which may be subjected to working tax credit payments. Such situation will require the use of form TC825. This form also includes any working tax credit payments as a result of any trading losses incurred by the claimant.