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The basic amount of Working Tax Credit is up to Â£1,960 a year-you could get more (or less) depending on your circumstances and income. Use the tax credits calculator to work out how much you could get. You can apply for Working Tax Credit even if you donât have children or youâre on leave or about to start a new job.You canât claim tax credits and Universal Credit at the same time.he basic amount of Working Tax Credit is up to Â£1,960 a year-you could get more (or less) depending on your circumstances and income. Use the tax credits calculator to work out how much you could get. You can apply for Working Tax Credit even if you donât have children or youâre on leave or about to start a new job.
This is determined as follows. The maximum amount of work-related dependent care expenses that can be applied towards the tax credit is $3,000. A percentage amount (20% to 35%), determined by your income, is multiplied against that to calculate the tax credit. Therefore, a family with an Adjusted Gross Income of $45,000 that had at least $3,000 in work-related care expenses would receive a tax credit of $600 ($3,000 x 20%).