advice please

morgan78_2

hiya

Last year we got overaid on tx credits so havent collected any for a year.
This year our earnings are 37000 similar to last year. But my wife goes on maternity in may till next march. child who is 5 at min no childcare

tried entitledto but cant work it out will we be due anything this year and when baby is due in june will that change it thanks

hotblu

Hey,

What will your earnings be for yourself (in 09/10) and will your partner recieve just smp? Your tax credits will increase for 1 year due to baby element when you have new baby. If you are the higher earner and your total household income will still be above around £25k then your tax credits will just double for that first year to around £1095 (your current entitlement should be around £547.50). How much you will recieve will be dependant on this. If you only get basic tax credits then recovery will remain at 100%.

HTH

Hotblu

morgan78_2

hiya thanks for reply

09/10 earnings will be my 25k plus parners smp

regards