With the down turn in the economy grinding on in 2009, it’s important to recognize what benefits you may be eligible for from the government / tax office. Every year, millions of pounds worth of benefits and tax credits are discarded. A portion of that cash may well have been earmarked for yourself, if only you knew you were eligible for it. Whether it’s a working tax credit, a tax credit to help home buyers, or child tax credit, it’s wise to do your research and understand what kind of tax credits you are entitled to.

We recommend you visit the Inland Revenue website: taxcredits.inlandrevenue.gov.uk. Here you can learn what tax credits/benefits are on offer to you, and how you can claim .

It’s critical to observe that the way in which such benefits are calculated are often rather involved, so it’s a great idea to telephone the inland revenue and chat with an employee there, and state your particular circumstances. This is so the inland revenue can find out whether you qualify for particular benefits or not – as the forms you need to fill in can be quite lengthy to fill in.

Not only is it great to find out what tax credits you may be entitled to, but you might also think of a member of your family who might be eligible for such a tax credit.