'Boo
Site Admin
Joined: 26 Jul 2002
Posts: 7596
Location: I'm a Lancashire lass.
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 Posted: Thu Nov 18, 2004 10:21 am Post subject: A financial tip for those in UK further education |
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I'm pretty sure we must have several students here studying AS and A levels and living at home, here in the UK.
If your parents claim tax credit, they may have found, like us, that it stopped at the end of the school year in which you turned 16 - our last payment was 19th August. I was sure this couldn't be right when new payments didn't start again, so dug out the paperwork, couldn't see any explanation for it and so rang the helpline.
Tax credit stops automatically at the end of August if you turned 16 during that last school year - they make the assumption that you will leave and get a job - but if you continue in further education after 16, the tax credit can be continued until the end of the school year after you're 18, up to, but no later than your 19th birthday - but you have to actually claim it and I can't find this mentioned anywhere in my paperwork.
If your parents found that their tax credit stopped in August, a phone call to the helpline will re-instate it from 1/9 and you get all the arrears back dated in your next payment. It's not much, but if you're entitled to it, every little bit helps.
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