Tag Archives: Working

Claming Working Families Tax Credit, How Much In Savings Could One Have?

By Increase Savings | Published: October 7, 2009

A “friend” of mine is planning on claiming working families tax credit, as they fit the working and income criteria, but they have a lump sum invested left to them by a deceased relative, does this capital count in the WFTC award or just the interest earned annually?

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Working Tax Credit – How Much Money Are You Allowed To Have In Savings When Claiming This Tax Credit?

By Increase Savings | Published: August 29, 2009

need to know amounts allowed to save whilst claiming, not income as such but “rainy day” savings although I know interest is counted.

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  • Thinking of investing your savings?


    While increasing your savings is good, multiplying your money through smart investments feels great - there are lots of opportunities out there and you can be successful if you're arming yourself with the right information.

    Where to start?

    If you're going to try your luck on the stock market or trading options, first start by learning the basics and delay as much as possible buying real positions. One way of getting hands-on experience with the markets is through online trading - either forex or binary options are good learning grounds and most online brokers offer trial accounts free of charge (if you're wondering what are binary options, 24option.com has very good resources on it, besides offering a free practice account and a wealth of information about binary trading in general). Final warning for the very eager: binary options are exotic financial instruments; real trading involves substantial risk of monetary loss.