Free Money – £520 per child!

by NicolaCairncross on November 26, 2008
in Money Gym | Diaries

.nicola heather Free Money   £520 per child!We all need a bit of free money right now and I got a great email from a friend telling me about  a little known Child Benefit that pretty much nobody knows about / has claimed.  £520 per eligible child….fancy it?

It’s called the “unclaimed children’s tax allowance for 2002/3″ and apparently hardly anyone knows about it although many of us are entitled to it.

I’ve just called the number shown and they checked my tax records and confirmed that I may be entitled.

They have told me to write to HMRC at my local office with all my details (including that of the name of my partner / spouse at the time, and specifically mentioning the “unclaimed children’s tax allowance for 2002/3 ” so it seems to be genuine!

Here are the details….

Information for Parents -Unclaimed Children’s Tax Allowance for 2002/3

The year before Tax Credits were introduced there was a different non-means tested allowance available which was never advertised by the Inland Revenue.

It is called the Children’s Tax Allowance for the Year 2002/3.

You can still claim this tax allowance before the 31 January 2009 deadline.

You need to phone HMRC on 0845 302 1437 and ask them to check whether you have already received this allowance and, if not, enquire as to what action you need to take.

You are eligible to claim £520.00 allowance if;

*You have a child born between 6 April 1986 and 5 April 2003
*The child lived with you for all or part of 2002/2003
*You worked and paid tax for all or part of 2002/2003
*You or your partner earned £6,000 plus in the year 2002/2003 tax year

You are eligible for the £1,040 allowance if;

*If you can answer yes to the four questions above, and
*One of your children was born between 6 April 2002 and 5 April 2003
Notes:-

*Making a claim does not affect your current or future entitlement to Working or Child Tax credits.
*Your Marital status is irrelevant
*You cannot claim the allowance twice and if your final tax code on your April 2003 P60 ended in a H or a T, you have already had the allowance.
*This is an easy claim for you to make so do not get duped into paying someone to do it for you because they are likely to charge a large percentage for their services.

Spread the word by clicking the “Share / Save” link at the bottom of this post, as this could be something which gives you and other parents a little extra in these difficult times!!

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