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Comments
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kindofagilr wrote: »Nope your wrong I'm afraid, me and OH earn 34k combined and we get £21 a week TC till E is 1, then it's £10 I believe
And when I worked out the TC for my brother and wife who earn 58k they would get the same as me and OH
So maybe I should have said under 60k
so its wrong when i say basic rate CTC is £10 a week, but youre right, when you say its £10 a week?
however the cut off point for what is classed as basic rate CTC (ie £545/yr) is £50k, so anyone with an income above this (but under £60k) gets the lower rate CTC of £210/yr, so £4 a week, so perhaps you should have said income under £50k - the only way someone would increase entitlement is by getting other elements, so disability, childcare or more than one child
with your brother's income, his basic entitlement will be £14/wk until baby turns 1, and then he should be getting £4/wk. unless he has brought into play the £25k disregard
F0 -
gratefulforhelp - totally right about no time coming with the job. Sadly, I live for my career. I adore what I do and bring it home with me daily (after 10ish hours at 'the office' ). Plus, our opposite working patterns do get me down. Will check out that exam marking site - thanx!
It isn't sad, its fantastic. We need all the people like you that we can get:T:T:TPlease do not confuse me with other gratefulsforhelp. x0 -
A "person" (I won't lecture you on the use of inverted commas, but the last time I looked, I was 100% Homo Sapien) who's just about got the measure of you, perhaps?:D
Really sorry to be so petty, but its Homo sapien. For someone so concerned with grammar use I thought it my duty to correct you.0 -
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gratefulforhelp - totally right about no time coming with the job. Sadly, I live for my career. I adore what I do and bring it home with me daily (after 10ish hours at 'the office' ). Plus, our opposite working patterns do get me down. Will check out that exam marking site - thanx!
bylromahra - great attitude not giving a stuff about Mrs Living off tick! DSDs don't understand why we don't have the consoles, sky, 50 inch flat screen etc that they have at home.
I loved my job, I used to put a 9.30pm time limit on evening work and made all the NQTs I was responsible for have as one of their first term target as One night a week not doing work. Because I loved it, and wanted to do the very best for the kids I taught, I quit, as I knew I would never be able to give my class as much as I did before my baby and would feel guilty about not doing the best for my class and not doing the best for my baby either by doing school work at home.
I imagine DSDs must find it difficult going between 2 homes, but kids are adaptable, aren't they? They'll accept that mum's is one way and dad's is another. My niece used to call us poor when she came to stay. Then she never used to want to leave as we talked played together rather than ignore each other in front of a TV or shut ourselves off in a console. :rotfl:Who made hogs and dogs and frogs?
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so its wrong when i say basic rate CTC is £10 a week, but youre right, when you say its £10 a week?
however the cut off point for what is classed as basic rate CTC (ie £545/yr) is £50k, so anyone with an income above this (but under £60k) gets the lower rate CTC of £210/yr, so £4 a week, so perhaps you should have said income under £50k - the only way someone would increase entitlement is by getting other elements, so disability, childcare or more than one child
with your brother's income, his basic entitlement will be £14/wk until baby turns 1, and then he should be getting £4/wk. unless he has brought into play the £25k disregard
F
Ok maybe I should have worded it better, for the first year you will get £20ish a week then its £10
And as with regards to my brother thats not what the tax credit website said, it said he would get the same as me i.e the £20ish even though their earnings were 58kDebt £30,823.48/£44,856.56 ~ 06/02/21 - 31.28% Paid OffMortgage (01/04/09 - 01/07/39)
£79,515.99/£104,409.00 (as of 05/02/21) ~ 23.84% Paid Off
Lloyds (M) - £1196.93/£1296.93 ~ Next - £2653.79/£2700.46 ~ Mobile - £296.70/£323.78
HSBC (H) -£5079.08/£5281.12 ~ HSBC (M) - £4512.19/£4714.23
Barclays (H) - £4427.32/£4629.36 ~ Barclays (M) - £4013.78/£4215.82
Halifax (H) - £4930.04/£5132.12 ~ Halifax (M) - £3708.65/£3911.20
Asda Savings - £0
POAMAYC 2021 #87 £1290.07 ~ 2020/£3669.48 ~ 2019/£10,615.18 ~ 2018/£13,912.57 ~ 2017/£10,380.18 ~ 2016/£7454.80
~ Emergency Savings: £0
My Debt Free Diary (Link)0 -
kindofagilr wrote: »And as with regards to my brother thats not what the tax credit website said, it said he would get the same as me i.e the £20ish even though their earnings were 58k
so one baby, no extenuating circumstances, ie disability, childcare?
then all i can say is the website you have used is wrong. the cutoff point for basic tax credits is just over £50k, and at £60k it stops totally - earn between these two and you get a reduced rate of £210 a year
in your own case you fall into that big gulf of anyone with an income over £25k and under £50k all getting the same flat rate of £545/yr
the real winners of the tax credits system are those who earn about £10k with 3+kids - they actually get more in tax credits, than they earn in a year, but thats a whole other thread
F0 -
so one baby, no extenuating circumstances, ie disability, childcare?
then all i can say is the website you have used is wrong. the cutoff point for basic tax credits is just over £50k, and at £60k it stops totally - earn between these two and you get a reduced rate of £210 a year
in your own case you fall into that big gulf of anyone with an income over £25k and under £50k all getting the same flat rate of £545/yr
the real winners of the tax credits system are those who earn about £10k with 3+kids - they actually get more in tax credits, than they earn in a year, but thats a whole other thread
F
Hmm thats weird, it was the HMRC one, ah well I didnt think it was fair that they got the same as me with nearly double the wage lol
Yeah which is poop, but good in the fact I can do overtime when I go back to work as I will never get my wage back up to 50k lol
Yeah I hear ya on the last part of your postDebt £30,823.48/£44,856.56 ~ 06/02/21 - 31.28% Paid OffMortgage (01/04/09 - 01/07/39)
£79,515.99/£104,409.00 (as of 05/02/21) ~ 23.84% Paid Off
Lloyds (M) - £1196.93/£1296.93 ~ Next - £2653.79/£2700.46 ~ Mobile - £296.70/£323.78
HSBC (H) -£5079.08/£5281.12 ~ HSBC (M) - £4512.19/£4714.23
Barclays (H) - £4427.32/£4629.36 ~ Barclays (M) - £4013.78/£4215.82
Halifax (H) - £4930.04/£5132.12 ~ Halifax (M) - £3708.65/£3911.20
Asda Savings - £0
POAMAYC 2021 #87 £1290.07 ~ 2020/£3669.48 ~ 2019/£10,615.18 ~ 2018/£13,912.57 ~ 2017/£10,380.18 ~ 2016/£7454.80
~ Emergency Savings: £0
My Debt Free Diary (Link)0 -
Lunar_Eclipse wrote: »:rotfl:
Where's your apostrophe? (it's not its)
I was only correcting the genus and species name he used
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life is short, get on with it....................Blackpool_Saver is female, and does not live in Blackpool0
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