WTC

E950911

WTC is the commonly used abbreviation for Working Tax Credit, a UK government benefit designed to support low-income workers.

All labels observed (1)

Label Occurrences
WTC canonical 1

How this entity was disambiguated

Statements (47)

Predicate Object
instanceOf UK social security benefit
abbreviation
means-tested benefit
abbreviation WTC NERFINISHED
administeredBy HM Revenue and Customs NERFINISHED
administeredUnder Tax Credits Act 2002 NERFINISHED
assessment based on household not individual income
beingReplacedBy Universal Credit NERFINISHED
benefitType in-work benefit
component 50-plus element
basic element
childcare element
couple element
disability element
lone parent element
severe disability element
country United Kingdom
eligibilityCriterion age conditions apply
claimant must be in paid work
hours of work conditions apply
household income below specified thresholds
residence in the United Kingdom
fundingSource general taxation
introducedBy UK government NERFINISHED
isAbbreviationOf Working Tax Credit NERFINISHED
jurisdiction England
Northern Ireland
Scotland
Wales NERFINISHED
meansTested true
paymentFrequency regular instalments
paymentMethod direct payment to bank or building society account
policyArea tax credits
welfare
purpose to supplement earnings from work
to support low-income workers
refersTo Working Tax Credit NERFINISHED
relatedProgramme Child Tax Credit NERFINISHED
Universal Credit NERFINISHED
replaced Working Families Tax Credit NERFINISHED
requiresClaim yes
standsFor Working Tax Credit NERFINISHED
targetGroup low-income workers
people with disabilities in work
working families
taxYearBasis assessed on annual household income
usedIn United Kingdom welfare system

How these facts were elicited

Referenced by (1)

Full triples — surface form annotated when it differs from this entity's canonical label.