Tax Credits are a type of state benefit. There are two different types: Working Tax Credit and Child Tax Credit.
Working Tax Credits are designed for those earning a low income from work.
Child Tax Credits are for those with kids who may or may not be working.
You can claim one or both tax credits.
Both aim to help households on lower incomes to cover everyday essentials.
Nearly all local authorities in England and Wales will hike the tax by the maximum amount in April.
Of the 136 authorities which have already announced their council tax proposals for the coming year, 128 (94%) are looking to increase bills in April by 4.99%.
This is the largest amount allowed by the government without having to hold a local referendum.
At the same time last year 75% of councils intended to impose the maximum rise, according to the County Councils Network (CCN), which released the figures.
The 5% rise equates to £103.25 extra a year for the typical Band D property, which is currently £2,065.
Millions of broadband, mobile and TV customers will be hit by huge bill hikes this month.
This is because telecom providers usually raise the prices of their contracts in the Spring.
Providers usually increase their prices annually based on the rate of inflation plus up to 3.9% more.
December's CPI figure (4%) or January's RPI figure (4.9%) are used by many mobile and broadband companies to hike prices.
The increases will come into effect for millions of customers from today.
This means the new rate will kick in from your next bill.
Millions of households have been hit by multiple bill hikes today.
Council tax, broadband, mobile and TV bills, have now risen along with water bills and vehicle excise duty.