How much will my partner moving in affect tax credits if still fall in criteria?

lizziebums

Hi All

Just wondering if anyone knows roughly how much my working and child tax credit would go down by if someone moved in with me. I am currently single parent, with a toddler working full time (37 hours) on a salary of around £16,000 per annum. I pay out £350 on nursery per month and about £400 on childminder. I get about £800 a month in working and child tax credit combined. Should my boyfriend move in who works full time too self employed earning around £30K on average a year - how much roughly should i expect it to go down? He would not be paying out anything for child from marriage or to mortgage probably just contribute to food bills etc. I also get child maintenance which I know won't affect anything. Or does it as my maintenance is done on personal arrangement not csa? also should my ex have a child with his new wife - is he entitled to lower his child maintenance for first child?

I want to check how much my income would be affected by?

Thanks in advance.

AsknAnswer

Sorry - haven't got time to answer fully but the below website may give you an indication

https://www.entitledto.com

Zara33

lizziebums wrote: »

Hi All

Just wondering if anyone knows roughly how much my working and child tax credit would go down by if someone moved in with me. I am currently single parent, with a toddler working full time (37 hours) on a salary of around £16,000 per annum. I pay out £350 on nursery per month and about £400 on childminder. I get about £800 a month in working and child tax credit combined. Should my boyfriend move in who works full time too self employed earning around £30K on average a year - how much roughly should i expect it to go down? He would not be paying out anything for child from marriage or to mortgage probably just contribute to food bills etc. I also get child maintenance which I know won't affect anything. Or does it as my maintenance is done on personal arrangement not csa? also should my ex have a child with his new wife - is he entitled to lower his child maintenance for first child?

I want to check how much my income would be affected by?

Thanks in advance.

What a sweet deal your boyfriend will be getting!

Yes your ex will be entitled to reduce his child support payments to accomodate another child in his life.

Caz3121

you will be classed as a couple (irrespective of how you operate financially) so things like tax credits will be calculated on your joint income so will be reduced probably to around £10 per week...
where does boyfriend live today surely he will be saving money on rent / bills and be able to do more than contribute to food!

mitchaa

On £46k pa your tax credits will be cut to the basic rate of around £10.50pw. You will not get working tax credits or your nursery paid for.

I guess he wont be moving in then:rolleyes: Just watch out though if you go the ''single parent'' route. Benefit fraud is deeply frowned upon and you can end up with a criminal record. Just takes 1 nosey neighbour and your life comes crashing down around you.

lizziebums

Oh I know that, I wouldn't do that and the benefits of having a partner far out weigh the benefits of the single parent route in my opinion lol but just wanted to be fully aware of what we would be taking on in terms of costs to decide how best to work it - especially as don't want to go through the same hurt x