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Posted Sat, 03 Jul 2021 19:35:48 GMT by Bess20
Is there a savings limit for what you can have when your on tax credits Thanks
Posted Tue, 06 Jul 2021 08:56:42 GMT by HMRC Admin 18
Hi,

There isn’t a cap on savings like some means tested benefits. You should declare any interest on savings (less £300). This will be reported as other income. The explanation on how to calculate income is shown on the link below: 

Working out your income for tax credit claims and renewals

Thank you.
 

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