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HMRC internal manual

Tax Credits Manual

From
HM Revenue & Customs
Updated
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Eligibility - income (employed and self-employed): Employment income (Info)

Note: Directors of limited companies are classed as office holders but their earnings are classed as employment income. Employment income for tax credit purposes

includes 

  • any earnings from a customer’s office or employment in the tax year, including any employment or self employed income. More information can be found in TCM0118060.
  • specific payments and employment-related benefits (not already counted as earnings). More guidance about these can be found in TCM0118200.

Note: Although based on income tax law, not all of the additional rules for income chargeable to tax as employment income have been included for tax credits purposes.

excludes 

  • specific payments and employment related benefits regardless of whether they fall within either of the above rules.

For more guidance about these payments, use TCM0118220.

Note: Although based on income tax law, not all of the general exemptions and reliefs from inclusion as income chargeable to tax as employment income have been included for tax credits purposes.

  • the amount of specific deductions. Follow the guidance in TCM0118040.