Chapter HSTM02300

Published date28 October 2019
Record NumberHSTM02300
CourtHM Revenue & Customs
IssuerHM Revenue & Customs

To be eligible for the Help-to-Save scheme one of the benefit entitlement conditions need to be met on each of the two eligibility reference dates.

The first eligibility reference date is the date on which the application for the account is made and the second eligibility reference date is the date on which the application is accepted.

The individual must meet one of the two benefit entitlement conditions. A benefit entitlement condition is to be treated as met on any day if it would have been met but for an error or delay on the part of HMRC.

In exceptional circumstances where the individual is eligible for Tax Credits at the first reference point, and for Universal Credits at the second reference point, they would meet the benefit entitlement conditions.

Individuals in a household who are eligible through a joint claim can each open a Help to Save account.

  1. First benefit entitlement condition: Working Tax Credit or Child Tax Credit

In order to meet the first benefit entitlement condition, one of the three following conditions must be met:

Condition 1

The individual, whether alone or with another person, has a current, valid award of working tax credit (not at the nil rate).

Condition 2

The individual, whether alone, or with another person, has a current, valid award of working tax credit at the nil rate and a current, valid award of child tax credit at a rate other than nil.

Condition 3

The individual, whether alone, or with another person, is receiving interim or provisional payments of tax credits during the tax credit renewal period.

A current award includes revisions of the award (otherwise than to revoke the reward).

The terms “working tax credit”, “child tax...

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