MSE Parents Club Part 13

Glamazon

The take home pay bit already takes into account the vouchers or tax efficient stuff so it's just the take home pay minus creche fees.

I think it's right but then I always think I'm right :rotfl:

BrunoM

Glam, I am not sure you've given us enough info to go on??

Creche 1 monthly, creche 2 annual? really?

Creche 2 means two hundred quid less take-home, even though OH uses the tax exemption scheme too?

If the monthly fees are 800+, why wouldn't OH be doing the scheme regardless of which creche?

I am confused

Glamazon wrote: »

Anyone good with finances?

I've worked out mine and OH's take home pay using my tax efficient scheme and then using the Childcare vouchers for both of us.

Creche 1 - Monthly Fee £845
Creche 2 - Annual Fee £800

Creche 1 - Combined take home pay £2,054 (tax efficient just me)
Creche 2 - Combined take home pay £2,255 (vouchers me and OH)

£120 per month CB & CTC which will go on Childcare (CTC as of Sept when J is 1)

Creche 1 - £2,054 + £120 -£0 = £2,174
Creche 2 - £2,225 + £120 - £194 = £2,181

The £0 and £194 is any outstanding fees after paying through tax efficient or vouchers, I work out that although Creche 2 is £45 cheaper per month because of the tax efficient scheme it would only be £7 cheaper.

Question is, am I right?????

Glamazon

BrunoM wrote: »

Glam, I am not sure you've given us enough info to go on??

Creche 1 monthly, creche 2 annual? really?

Creche 2 means two hundred quid less take-home, even though OH uses the tax exemption scheme too?

If the monthly fees are 800+, why wouldn't OH be doing the scheme regardless of which creche?

I am confused

sorry, creche 2 is monthly (I put annual for both initially)

creche 2 is £200 more take home pay as there is £486 going out before tax rather than £845

with the tax efficient scheme I can pay £845 BEFORE tax & NI & pension, OH pays nothing because its thru my work, with vouchers we each buy £243 worth of vouchers so have the other £314 to pay, £120 out of CB & CTC AND £194 out of our pocket.

does that make sense?

CAFCGirl

Susan - thanks for that...

Sami - i dont like the ingredients, i dont like that you're not given unbiased/neutral information and therefore "offered" the injections, its just expected. HV treated me like an idiot when i said L wouldnt be having them, spoke at me like i was a child....i also dont believe the "science" behind it.....
i worked in a welness practice before we moved and so had a "healthy minded" environment around me but now i feel out of the support network and i dont want to crumble due to pressue from gp/hv/my mum etc

ManOnTheMoon

Sorry Glam, not up with vouchers and all that or i'd be able to help.

Had a nice day out, but alarmingly saw a couple of girls, maybe 16-18 with 3 or 4 kids <6 and a fat boy aged about 11 or 12 who was openly smoking in public.

It was the lad smoking that shocked me, not the rest. I know some kids do it, but so blatantly?

ManOnTheMoon

Ladybird - when you have a spare moment, can you please link me those sock thingies again? Can't find the link you posted Thanks.

Going to grab Lucy in a minute and look at these baby clubs.

CAFCGirl

MOTM - i know you and I dont "know" each other but I've got a couple of pregnancy books sat here taking up much needed space on my book shelf if you and Lucy would like them. One of them is american so some of the OB GYN stuff doesnt apply but both have good info in them. If you would like them, just pm me x

ManOnTheMoon

CAFCGirl wrote: »

MOTM - i know you and I dont "know" each other but I've got a couple of pregnancy books sat here taking up much needed space on my book shelf if you and Lucy would like them. One of them is american so some of the OB GYN stuff doesnt apply but both have good info in them. If you would like them, just pm me x

Thats a very nice offer from you, thank you.

I'll ask Lucy, but she'll probably say, as we're in a strong financial position that we should buy things ourselves and you should save the books for someone who would be happy to save the money (I'm sure there will be a few on the pregnancy thread)

Don't take that the wrong way, it's very kind of you and most appreciated.

I hope that comes out right

ETA: CAFC - Charlton Atheltic?

CAFCGirl

yeah you got me on the cafc LOL

completely understand and no worries im not offended i'll wander over there and post the offer up there

ManOnTheMoon

CAFCGirl wrote: »

yeah you got me on the cafc LOL

completely understand and no worries im not offended i'll wander over there and post the offer up there

September 4th you come down to Exeter. Sadly I think we both have different aims this season.

Good to hear, last thing I wanted to do. Lucy and I both have issues accepting things from other people at the best of times.

I'm sure you'll have new homes for the books in no time. What are they titled by the way? So we can check them out anyway.