Working for Families Tax Credits (formerly family assistance)
Adjusting your business income for Working for Families tax credits IR215
(published October 2007)
About this form
Use this form to calculate your business adjustments for Working for Families tax credits purposes.
Adobe Acrobat PDF | 120kb | 4 pages
This form can be completed on-screen by typing content directly into the PDF document. Once you have completed the form it is important that you print it out as you will not be able to save the information you enter into the form.
When to use this form
Use this form to calculate your business adjustments for a tax year - for your Working for Families tax credits Change of circumstances (IR541) form. This form allows you to work out losses, income adjustments and decreases in business income.
What you will need
- your IRD number
- losses claimed from Box 27B of your return
- business income adjustments
- losses received from LAQCs
- shareholder details.
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After you finish
When you have finished working out your calculations, you will need to transfer your calculations to your IR541.
If you had a partner with business income at any time during the year, they will also need to complete a separate IR215.
As the principal child carer you will need to send in the IR541 and the IR215 with your partner's business income details.
