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    • scotty1971
    • By scotty1971 11th Apr 17, 5:04 PM
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    scotty1971
    Tax credits and Carers Allowance
    • #1
    • 11th Apr 17, 5:04 PM
    Tax credits and Carers Allowance 11th Apr 17 at 5:04 PM
    As Carers allowance is counted as an income for tax credits,is it worth claiming as surely what you gain in Carers Allowance you would lose in Tax Credits or am i missing something?

    Thanks

    Scott
Page 1
    • Tigsteroonie
    • By Tigsteroonie 11th Apr 17, 5:08 PM
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    Tigsteroonie
    • #2
    • 11th Apr 17, 5:08 PM
    • #2
    • 11th Apr 17, 5:08 PM
    Put the two scenarios into a benefits checker (e.g. Turn2Us) to determine the difference. I didn't think you lost £ for £ with tax credits, but it all depends on personal circumstances.
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    • Darksparkle
    • By Darksparkle 11th Apr 17, 5:20 PM
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    Darksparkle
    • #3
    • 11th Apr 17, 5:20 PM
    • #3
    • 11th Apr 17, 5:20 PM
    It would depend on other personal circumstances/income etc but tax credits by 41p for every £1 of taxable income.
    • scotty1971
    • By scotty1971 11th Apr 17, 6:35 PM
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    scotty1971
    • #4
    • 11th Apr 17, 6:35 PM
    • #4
    • 11th Apr 17, 6:35 PM
    It would depend on other personal circumstances/income etc but tax credits by 41p for every £1 of taxable income.
    Originally posted by Darksparkle
    My income is £28000,my partners was £4600 last tax year.She will no longer working.3children one recieves middle rate care and lower rate mobility.

    thanks
    • Darksparkle
    • By Darksparkle 11th Apr 17, 7:09 PM
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    Darksparkle
    • #5
    • 11th Apr 17, 7:09 PM
    • #5
    • 11th Apr 17, 7:09 PM
    As said, tax credits reduces by 41p for every £1 earned (after initial threshold of £6,420).

    However you need to also factor in there is a £2,500 disregard when income increases/decreases from previous tax year to current tax year.
    • scotty1971
    • By scotty1971 11th Apr 17, 9:06 PM
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    scotty1971
    • #6
    • 11th Apr 17, 9:06 PM
    • #6
    • 11th Apr 17, 9:06 PM
    As said, tax credits reduces by 41p for every £1 earned (after initial threshold of £6,420).

    However you need to also factor in there is a £2,500 disregard when income increases/decreases from previous tax year to current tax year.
    Originally posted by Darksparkle
    Tried the Turn2us calculator,put in all the details,it came back with Tax credit payments would be £510 with carers allowance and £580 without,does that seem right?
    • Darksparkle
    • By Darksparkle 11th Apr 17, 9:35 PM
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    Darksparkle
    • #7
    • 11th Apr 17, 9:35 PM
    • #7
    • 11th Apr 17, 9:35 PM
    What did you put for this year's expected household income?
    • Dazed and confused
    • By Dazed and confused 11th Apr 17, 10:10 PM
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    Dazed and confused
    • #8
    • 11th Apr 17, 10:10 PM
    • #8
    • 11th Apr 17, 10:10 PM
    My income is £28000,my partners was £4600 last tax year.She will no longer working.3children one recieves middle rate care and lower rate mobility.

    Has your wife applied for marraige allowance? From the info you've posted she may be eligible to apply for last year (2016:17) and this year as well.
    • scotty1971
    • By scotty1971 11th Apr 17, 10:52 PM
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    scotty1971
    • #9
    • 11th Apr 17, 10:52 PM
    • #9
    • 11th Apr 17, 10:52 PM
    My income is £28000,my partners was £4600 last tax year.She will no longer working.3children one recieves middle rate care and lower rate mobility.

    Has your wife applied for marraige allowance? From the info you've posted she may be eligible to apply for last year (2016:17) and this year as well.
    Originally posted by Dazed and confused
    Not married living together.
    • scotty1971
    • By scotty1971 11th Apr 17, 10:54 PM
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    scotty1971
    What did you put for this year's expected household income?
    Originally posted by Darksparkle
    I put in £28000 for myself and £0 for my partner as she will have no income.
    • Darksparkle
    • By Darksparkle 12th Apr 17, 5:58 AM
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    Darksparkle
    I put in £28000 for myself and £0 for my partner as she will have no income.
    Originally posted by scotty1971
    She would though if receiving carers allowance.
    • scotty1971
    • By scotty1971 12th Apr 17, 4:39 PM
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    scotty1971
    She would though if receiving carers allowance.
    Originally posted by Darksparkle
    What should i put in for Carers allowance for income?
    • nannytone
    • By nannytone 12th Apr 17, 6:06 PM
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    nannytone
    you put the amount that she will receive in carers allowance
    • scotty1971
    • By scotty1971 12th Apr 17, 6:35 PM
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    scotty1971
    would the £2500 disregard negate most of her previous earnings? Looks so simple,but it is totally confusing me!! lol
    • Darksparkle
    • By Darksparkle 12th Apr 17, 8:16 PM
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    Darksparkle
    I'd you could just give us the figures it would make it easier to explain to you.
    • scotty1971
    • By scotty1971 12th Apr 17, 9:29 PM
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    scotty1971
    I'd you could just give us the figures it would make it easier to explain to you.
    Originally posted by Darksparkle
    Living together,my income from last year £28000 partners £4600.
    Next years income me £28000 partner £0
    3 children.1 child receives lower rate mobilty and middle rate care

    Hope this helps
    • marliepanda
    • By marliepanda 12th Apr 17, 9:34 PM
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    marliepanda
    Living together,my income from last year £28000 partners £4600.
    Next years income me £28000 partner £0
    3 children.1 child receives lower rate mobilty and middle rate care

    Hope this helps
    Originally posted by scotty1971
    You're still saying zero yet about three times you've been asked for hers carers income...
    Survey Earnings 2017 - £163
    • scotty1971
    • By scotty1971 12th Apr 17, 9:39 PM
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    scotty1971
    i haven't claimed for it yet,but if she did it would be approx £3260 per year i believe
    • Darksparkle
    • By Darksparkle 13th Apr 17, 5:58 AM
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    Darksparkle
    We know you aren't claiming it yet but if you want to calculate how much you at based on claiming carers then you need to include it in the calculation.

    If she claims carers allowance then the household income change by more than £2,500 so tax credits would remain based on last year's income. Tax credits would be approx £117 per week.

    If she didn't claim carers allowance tax credits would be approx £133 per week.

    So based on that she is better off claiming carers allowance.
    • Kontiki665s
    • By Kontiki665s 19th Apr 17, 4:31 PM
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    Kontiki665s
    can anyone explain why carers allowance stops when state pension starts, people do not stop caring
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