Its scarey when you write it all down

Smamfer

mrssloan wrote: »

Yes i do pay for child care via my salary. I do cook from scratch I use the slow cooker alot due to being out at work during the day

am i confused somewhere then? as you said 474 u get wftc and includes childcare and then you say u pay it from your salary.,, ive never been able to claim childcare but do you have to contribute towards it? Im not being picky just making sure u get what you are entitled to etc

mar1e

Smamfer wrote: »

am i confused somewhere then? as you said 474 u get wftc and includes childcare and then you say u pay it from your salary.,, ive never been able to claim childcare but do you have to contribute towards it? Im not being picky just making sure u get what you are entitled to etc

I have childcare deducted from my salary so it saves on national insurance and tax the amount that is deducted from salary is £128 a month but it actually costs me £314 a month. £128 comes out of my salary every month regardless if the children are in child care or not.

To be honest this is the 1st time CTC have taken the childcare into consideration The amount of time the children went into Child care increased as of the 1st September. I have always told them about changes in childcare but this is the 1st time I have ever qualified for itand didnt expect it.

x

Gemmzie

You can't claim Child Tax Credits childcare element AND claim childcare from your salary. You'll end up with a massive overpayment!
Stick with the salary one, it sounds like it's good value.

Give Tax Credits a ring and let them know they've made a mistake, talk to a Team Leader if necessary.

paybacktime2008

You can gemmzie. The salary claim is for vouchers which you use to pay for the childcare therefore it is part of your salary the perk being you don't pay NI on it. The cost of childcare as far as wftc is concerned remains the same wether you pay by vouchers or cash. You generally get a 70% rebate on your childcare costs reagrdless of method of payment.

mar1e

Gemmzie wrote: »

You can't claim Child Tax Credits childcare element AND claim childcare from your salary. You'll end up with a massive overpayment!
Stick with the salary one, it sounds like it's good value.

Give Tax Credits a ring and let them know they've made a mistake, talk to a Team Leader if necessary.

I have been on the phone with child tax credits today re overpayments and I did an income and expenditure form with them. So they are fully aware of my childcare costs and how I pay them.

x