Hi All
My husband currently only works 1 day per week and therefore I have his tax credits. However, he has been offered 5 weeks work and I am wondering if there is any benefit in transferring his tax credits back to him for this period, or if that is even an option?
Also, how much are his tax credits worth to me? In other words, if I do transfer them back to him permanently (if he does find full time employment) how much of a reduction will I notice in my pay cheque?
Many thanks
t
My husband currently only works 1 day per week and therefore I have his tax credits. However, he has been offered 5 weeks work and I am wondering if there is any benefit in transferring his tax credits back to him for this period, or if that is even an option?
Also, how much are his tax credits worth to me? In other words, if I do transfer them back to him permanently (if he does find full time employment) how much of a reduction will I notice in my pay cheque?
Many thanks
t