what will my family lose now

GAZZER_2

ok
Me 23,000 a year wages
Wife 21,000 a year wages
42.00 a month tax credits
33.00 a week family allowance


son @ school age 12

daughter has just left school and has a apprenticeship job to start on the 14th SEPT it pays her 95.00 a week

Q is who do i tell (tax credits ?ETC) and can any 1 help me out whith what i will lose i will charge her some house keeping to get used to it (will go in pot for car insurace in future)but really wanna know how much i have lost come the 16th of sept


thanks indvance
regards
gaz

NB NICE FORUM AND HI ALL

sammyjammy

You will lose everything you currently get for her, that is the £21 a month Tax credits and the appropriate amount of Child Benefit. You need to let them both know or you will be overpaid.

Sam

seven-day-weekend

Hi Gazzer, welcome to the Board, I'm afraid I don't know a lot about child allowances but I would imagine if she has an apprenticeship then you will get nothing at all for your daughter.

GAZZER_2

Thanks for ur help ,u think i can just ring them or is it form time lol
so looks like about 80.00 a month we will lose as a family ,shes agreed to put 120 a month in jar 80.00 to house and 40 saving(10 months she got 400 pound savings woho go girl)
95.00 week x4 =380
15.00 week x4 3 hour job sat 60 month
total 440 - 120 =320 left for 16 year old is fine for learning a trade (at home shes got bb,sky,washing ,food ,bed all for 20.00 a week so she not doing to bad
she will probley not spend anything now its her own money lol she be doing sat job for 3 years puts 5.00 top up on fone a week and saves her 10.00 for herself

OrkneyStar

Gazzer.
It seems your daugher has her priorities right, making sure she is paying her way, and not living off you and her mum.
I hope the apprenticeship works out ok for her and leads to a decent job.
Re the child benefit if you click on this link and scroll to the bottom it tells you how to inform them of changes.
Re tax credits I think you'd just need to call the helpling on the number at the top of your last award letter.
All the best.

mitchaa

You will not lose a penny in tax credits, you will still get your £42 every 4wks. This is due to the fact that you are on a family only element and not a child element.

You will lose £13.20pw CB that is all. The 1st child will still get the £20pw

So your daughter should be giving you £52.40 every 4wks if you want her to replace what you are going to lose.

Information is 110% accurate

mitchaa

GAZZER wrote: »

Thanks for ur help ,u think i can just ring them or is it form time lol
so looks like about 80.00 a month we will lose as a family ,shes agreed to put 120 a month in jar 80.00 to house and 40 saving(10 months she got 400 pound savings woho go girl)
95.00 week x4 =380
15.00 week x4 3 hour job sat 60 month
total 440 - 120 =320 left for 16 year old is fine for learning a trade (at home shes got bb,sky,washing ,food ,bed all for 20.00 a week so she not doing to bad
she will probley not spend anything now its her own money lol she be doing sat job for 3 years puts 5.00 top up on fone a week and saves her 10.00 for herself

Also, you are confusing 4wks and months, there are more than 48wks in the year

Calculations should be £95 x 52 = £4940/12 = £411pm, and £65pm from her saturday job so £476pm altogether

You get £13.20pw x 52 /12 = £57.20pm.

I suspect she'll soon be wanting to start her driving lessons and the likes so her wage wont go as far as you may think. Double lesson once a week will cost £160-£180 or so every month Then there's the nights outs, drink, hair, make up, mobile phone, cost of getting to and from work, dinners.

Im sure you'll still be putting your hand in your pocket to help her out

GAZZER_2

Many thanks for all your replys
As my daughter is the first child do i lose the 20.00 ?
Also what is family only element and not a child element.

regards

kingfisherblue

I'm in a similar situation, except that my daughter hasn't found any work yet despite her efforts.

I just wanted to echo Gazzer's question - won't it be £20 a week child benefit that is lost, as she is the oldest child? I thought that I would then continue to get CB paid at the lower rate for my other two children.

notlongnow_2

Can I come and live at your house for £20 a week all in??lol. I paid my mum £20 a week 15years ago.

She sounds sensible to have saved £400 in a short time, well done her, better than I did at her age..lol.

Oldernotwiser

kingfisherblue wrote: »

I'm in a similar situation, except that my daughter hasn't found any work yet despite her efforts.

I just wanted to echo Gazzer's question - won't it be £20 a week child benefit that is lost, as she is the oldest child? I thought that I would then continue to get CB paid at the lower rate for my other two children.

I think that the next one down starts to be counted as the oldest child.