Hi there,
I understand that ISA's interest are not classed as income for child tax credits purposes, but wonder what will happen after april this year, when the new £1,000 tax on interest rule comes into effect?
Will existing or new ISa's still be regarded as exempt for child tax credits income calculations?
Thanks for any clarification.
I understand that ISA's interest are not classed as income for child tax credits purposes, but wonder what will happen after april this year, when the new £1,000 tax on interest rule comes into effect?
Will existing or new ISa's still be regarded as exempt for child tax credits income calculations?
Thanks for any clarification.