Moan about Child Tax Credits

BLT_2

elfen wrote: »

armywifey, could you ask for another form so you can put the deductions from hubby's income onto it....it might help get that bit more if they can see that you don't actually get all the money that it says he earns? I can understand you being scared about the job he does, used to have a boyfriend in Logistics who was posted in Iraq when I first met him.....hearing what he said to me about some things really gives you a different perspective on life. (and ignore some of the idiots on here, they have nothing better to do that point the finger at others)

Nugatory effort to be honest, the deductions that ArmyWifey was talking about were Tax, National Insurance and various life insurances, clearly these are advisable for the Armed Forces but not obligatory, therefore she cannot claim against these, and indeed they are expenses which we all incur in our day to day living. I would point out to be honest that whilst she comments on the additional expenses inherent in being in the forces, she fails to mention the unbelievably cheap accommodation she and her family recieve etc.

When all is said and done tax credits are there to assist those who cannot afford to assist themselves. In many situations, due to having young children, work may not be as financially rewarding due to childcare costs, however staying at home is a lifestyle choice, and it may be that despite working for very little, ones sanity can be retained by mixing in adult company and not spending each and every day entertaining young ones.

devildog

angeleyesxx
I hear what you are saying but from re-reading OP they did not come on for advice but in her words "to moan"

Enough said!!

MOD_Jason

Armeywifey, I hope that you haven't been put off reading or posting in future, as there's some good advice to be found on here, as well as a lot of guff posted at times.

For those with little or no knowledge or experience of such matters getting life insurance isn't so straightforward for members of the Armed Forces, and some of those insurance companies that will insure military personnel routinely (and understandably) hike their premiums significantly when personnel are deployed on operations.

Armywifey, you may not know the answer to this, but does your other half take advantage of the Service Risks Insurance premium Refund?

I quote from the Joint Service Publication 752:

"The aim of Service Risks Insurance Premium Refunds (SRIPs) is to contribute towards the extra cost incurred by eligible Service personnel when insuring themselves against particular Service risks".

Your husband would qualify because he is deployed on operations and I’d hazard a guess from what you are saying that he also might qualify because of the particular job role that he has.

If his insurance premiums are being significantly loaded and he’s not getting the assistance he’s entitled to, using SRIPs might ease a bit of the financial pressure.

Your husband’s Unit HR staff should be able to advise you on the specifics.


Remember that you don't have to deal with everything on your own; there are lots of people/organisations that can help.

JC

BLT_2

scotsbob wrote: »

"I would have to earn at least £19,000 to actually earn some money (£56.87 per month!) due to childcare costs for 2 children being £1,197 per month"

Having children is a lifestyle choice. You made that choice. Why should I and other taxpayers have to pay for your children?

Your parents made that lifestyle choice too, perhaps given your strong feelings on the subject you would like to refund any benefits or tax breaks your parents they received for the privilege of supporting you?

Got to love people who were brought up with government support, be that tax allowances, child benefit or whatever, and then complain that their own taxes are being misused by supporting the next generation.

blue_monkey_2

devildog wrote: »

angeleyesxx
I hear what you are saying but from re-reading OP they did not come on for advice but in her words "to moan"

Enough said!!

She might well have come for a moan but by doing this she might be able to find out if she is entitled to other help - as some other posters have pointed out.

It's hard when you see others with the same - or more - getting more than you, it's human nature, but maybe the OP does not realise how the system works and others can help her do this with their advice.

flea72

to put it bluntly, if the friend has the same kids, same income, same childcare costs, then there shouldnt be a difference in entitlement, and if there is, its because either the friend or yourself have given the wrong figures

just because she hasnt worked for the last 3yrs, doesnt mean her entitlement increases. the £25k disregard only comes into play if there is a change in income, not a change in circumstances. so going from not working, to working means you have to inform them of your new income

simple sums

£545 (basic ctc) + 2300 (per child) + 1920 (basic wtc) + 790 (30hr) + 1890 (couple) + 80% of childcare = MAX TAX CREDIT

income minus 6420 (threshold) = EXCESS INCOME

MAX TAX CREDIT minus 39% of EXCESS INCOME = yearly entitlement

hth F