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With the recession grinding on in 2009, it’s crucial to know what benefits you may be entitled to from the government. Every year, hundreds of millions of British pounds worth of tax credits go unclaimed. A small amount of that dosh may well have been appropriated for you, if only you realised you were entitled to it. Be it a working tax credit, child tax credit or family tax credit, it’s wise to do your homework and find out what kind of tax credits you’re eligible for.

A great place to begin is the UK Inland Revenue website : taxcredits.inlandrevenue.gov.uk. Here you can find out what tax credits are acquirable to you, and also how you can claim for them.

It’s important to mention that the way many benefits are computed are usually rather convoluted, so it’s a good idea to telephone the tax office and talk to an employee there, and explain your particular situation. By doing this, the tax office can find out whether you are eligible for certain benefits/tax credits or not - as the forms you must complete are oftentimes rather long and time-consuming to fill in.

Not is it only important to discover what benefits you may be entitled to, but you may consider a family member or a friend who may also be entitled to such a tax credit/benefit.