Keep everything you need close to hand when making the phone call â your UCAS Track number; a handy list of your grades, including your GCSEs; your personal statement; and the universityâs UCAS number, plus also its clearing code. Make notes as you go along.
A tax credit reduces the income tax you pay, while a deduction reduces the amount of your income that is subject to income tax.rom a practical perspective, both tax credits and deductions reduce your tax. The difference between credits and tax deductions centers around their process, not their effect.
The child tax credit increases and there will be a new dependent tax credit. The higher standard deduction for people age 65 and older will still exist. The new provisions would expire for taxable years after December 31, 2025, and the rules would return to 2017 tax law.