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Child benefit .

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Comments

  • shell_542
    shell_542 Posts: 1,333 Forumite
    Do both of her parents work full time?
    August GC 10th - 10th : £200 / £70.61
    NSD : 2/8
  • ExE
    ExE Posts: 8 Forumite
    yes,both of them.
  • shell_542
    shell_542 Posts: 1,333 Forumite
    It really does depend on all sorts of things.

    But a bog standard family earning £22,000 a year, 2 adults, 3 children (between 2+20) and if the parents are not claiming working tax credits for any childcare costs would get about £450 a month tax credits ... if the eldest then stopped college it would drop by about £177 a month and then add on the £80 child benefit, makes it approx £250 a month. £500 seems alot but I don't want to call her Mum a liar lol

    Although the tax credits are not going to be there forever, so the parents need to come to some sort of arrangement to cover the difference when the child leaves college anyway.

    I totally understand where her Mum is coming from saying GET A JOB, as then your friend can take on some responsibilities herself and ease the burden of the money loss. Although it does seem a bit like emotional blackmail lol
    August GC 10th - 10th : £200 / £70.61
    NSD : 2/8
  • ExE
    ExE Posts: 8 Forumite
    aha, liar it is then ;D
    cheers for the info, gives her some legs to stand on if her mum rages about it anytime soon.
  • shell_542
    shell_542 Posts: 1,333 Forumite
    Noooooo! My figures could be way out depending on their personal circumstances :rotfl:

    What kind of relationship does she have with her Mother? Tell her to google tax credits calculator and she can work out for herself online how much her Mum will probably lose :D (The results are only from the day it is when using it to the end of April though, so divide by 8 months for this month)
    August GC 10th - 10th : £200 / £70.61
    NSD : 2/8
  • Stoopid
    Stoopid Posts: 258 Forumite
    I will be over £800 a month worse off when last child leaves school.
    Plus I presume Council Tax will increase because it is classed as a single adult household now !
    Please do not underestimate financial impact on PWC :cool: it is already giving me sleepless nights.
  • shell_542
    shell_542 Posts: 1,333 Forumite
    The parent in the OP's post is NOT single.

    The OP has just posted in here because it's about benefits/child support I think. x
    August GC 10th - 10th : £200 / £70.61
    NSD : 2/8
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