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disability credit

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johnbikemad | 10:07 Fri 25th Jan 2008 | Business & Finance
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at present i am recieving working tax credit and the disability element side as well as i cannot work full time, my question is as my wife is going to inherite 50%of her dads estate i understand i will lose tax cedit but will i lose the disability element side as well?
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There is no limit on the amount of capital you can have while claiming tax credits, but if the income from the capital (i.e. the interest &/or dividends) exceeds �300 per year then it is treated as income to reduce your tax credit entitlement. The calculation is done on the whole entitlement so would include the disability element.

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