State benefits that are taxable
The most common benefits that you pay Income Tax on are:
➞ | Bereavement Allowance (previously Widow’s pension) |
➞ | Carer’s Allowance |
➞ | contribution-based Employment and Support Allowance (ESA) |
➞ | Incapacity Benefit (from the 29th week you get it) |
➞ | Jobseeker’s Allowance (JSA) |
➞ | pensions paid by the Industrial Death Benefit scheme |
➞ | the State Pension |
➞ | Widowed Parent’s Allowance |
Tax-free state benefits
The most common state benefits you do not have to pay Income Tax on are:
➞ | Attendance Allowance |
➞ | Bereavement support payment |
➞ | Child Benefit |
➞ | Child Tax Credit |
➞ | Disability Living Allowance (DLA) |
➞ | free TV licence for over-75s |
➞ | Guardian’s Allowance |
➞ | Housing Benefit |
➞ | Income Support - though you may have to pay tax on Income Support if you’re involved in a strike |
➞ | income-related Employment and Support Allowance (ESA) |
➞ | Industrial Injuries Benefit |
➞ | lump-sum bereavement payments |
➞ | Maternity Allowance |
➞ | Pension Credit |
➞ | Personal Independence Payment (PIP) |
➞ | Severe Disablement Allowance |
➞ | Universal Credit |
➞ | War Widow’s Pension |
➞ | Winter Fuel Payments and Christmas Bonus |
➞ | Working Tax Credit |
No comments:
Post a Comment
Your Comments, Suggestions, Feedback on this topic will be highly appreciated