Welcome to BabyandBump's Home Life, Relationships & Finance Forum - Family, home & financial issues can sometimes become a burden, let off some steam & seek some friendly advice from others. This thread is called 'Tax Credit Advice Again Please' and is in our You And Your Family section. |
Jun 30th, 2007, 16:19 PM
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#1 | | BnB Addict
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I'm Currently Feeling: | Tax Credit Advice Again Please As u are all aware Im pissed off no end with my job.
Got Dale to phone the Tax Credits for a few "estimates" on our entitlement with 2 children if:
1: I went back to work part time-2.5 days, with childcare costs of £330 or
2: I gave up work and our only income was Dales £19k salary
I was told for the first I'd be entitled to £35 a week and second Id be entitled to £37. A £2 difference!
This isnt that much more than we get just now for madam  it doesnt make sense!lol |
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Jun 30th, 2007, 17:58 PM
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#2 | | Chat Happy BnB Member
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| well I would say you are getting quite a bit. Daves take home is 19k and we got £40 a month if i was working or not.
Luckily I dont rely on those stupid tax credits as I think the whole system is shit.
Not fair is it at all bloody goverment or whoever makes the rules for it
Bex |
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Jun 30th, 2007, 18:06 PM
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#3 | | Chat Happy BnB Member
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I'm Currently Feeling: | Sorry for being nosey but would it be worth you going back. What I mean is after deducting childcare, petrol etc etc is it worth it finbancially to return to work? Thats how I am going to claculate it, I really want to go back but if its not going to result in me getting a reasonable amount I am going to have to rethink my options  | | | | Status: Offline
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Jul 1st, 2007, 00:07 AM
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#4 | | BnB Addict
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I'm Currently Feeling: | Bexxie £40 a month on 1 salary of £19K?Surely that cant be right?
We get more than that due to the childcare fee's we pay.
Beanie, thats what I was planning on doing, looking at the options and finding out where I stand with them, but I am sure some people get a lot more than that who's partners earn more than Dale.  Its the childcare costs that would sting you bad with 2 dont you think? And I grudge forking out all that money when for a little loss I could be a SAHM!
God knows-maths aint my strong point! I got a D at A Level  |
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Jul 1st, 2007, 00:09 AM
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#5 | | Mum (Mom) Inactive
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| I get £50 per month and we have 20k a year ....
Sucks BIG time!
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Jul 1st, 2007, 21:52 PM
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#6 | | Chat Happy BnB Member
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| We get £89.35 a month, when Alex turns one it drops to something silly. That's on a £25k income, but I think it's the same whether you're earning 20-50k or something like that. If I worked we'd get an extra £10 a month towards childcare. |
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Jul 1st, 2007, 22:15 PM
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I'm Currently Feeling: | Wow massive incentive there to return to work ey Kina!!!!!
Really makes me mad how they make it so difficult to return to work. | | | | Status: Offline
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Jul 1st, 2007, 22:22 PM
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#8 | | Mum (Mom) Inactive
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| Hence the Au-Pair ...
i can't afford nearly £500 a month just for 1 child to go to nursery or a childminder ...
Tis stupid!
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Jul 2nd, 2007, 08:31 AM
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#9 | | Chat Happy BnB Member
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| well I am back full time in 7 weeks so thats an extra 21k so will it go down lol
what a complete and utter waste of time these credits are. mind you my sister is a single mum and when you add up her benefits and my mum buying everything for her she has an extra £100 a week to herself lucky cow (no sarcasm really ;-) sorry am digressing just a rant to myself here.
Bex |
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Jul 3rd, 2007, 23:31 PM
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#10 | | BnB Addict
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I'm Currently Feeling: | A girl in my team earns £1200 a month only pays £110 to nursery fees as the tcreds pays the rest and then gets £575 for her and baby on top of that-claiming to be a single parent.
Surely that aint rite?
Dale will be leaving tomorrow if it is!  |
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