Can you refuse a payrise?

zoezoe_3

starlite wrote:

no £1000 payrise

i dont see how this is possible - who told you that you would loose 3k ?

starlite_2

jasonrat wrote:

i think he should get the payrise he deserves and you should get a job

Yes well if you would like to give a job to a pregnant lady with a pelvic disorder that makes me pretty much bedridden, oh, and a 10 month old baby to take care of, then I'm yours.

starlite_2

zoezoe wrote:

i dont see how this is possible - who told you that you would loose 3k ?

It will take him just above the threshold so we will lose that amount

apples1

If the figures are correct and you would really lose £3k but gain £1k then the system is obvioulsy terribly wrong which is shocking. I have to say that is not my understanding of the system but i'm sure you've have checked it out so don't disagree with your numbers & it is tragic if that is the case.

I feel I should say that I do feel a bit uncomfortable about you having money in tax credits you could be getting from your employer. After all we are all paying for you to have those credits aren't we? Even if you managed to get the employer to give you the £1000 in extra leave or pension contributions you still gain by getting the benefit of the £1k whilst everyone else pays for you to have tax credits.

Please don't take this as an attack - I know everyone's situation is different but some of us are not in a position to turn down paid overtime (even to spend time with our family) or to pay into a company share scheme or even to have a mortgage so I do feel a bit odd about paying tax to allow someone else to be able to do all those things.

zoezoe_3

starlite wrote:

It will take him just above the threshold so we will lose that amount

There is no threshold.

go to https://www.entitledto.co.uk. Tax credit gets paid to couples with income of over 60k....

Becles

Are you sure your figures are correct?

I was under the impression that for every additional £1 earned, you would lose 37p in tax credits. Therefore, I don't understand how gaining a £1k pay rise will make you lose £3K in tax credits?

astonsmummy

I think they are wrong too, i've gone from earning £100pw to £140pw and tax creits have hardly changed, i thought u could claim if u had an income of up to £58k or something?

jasonrat

what i think you should do is look at the long term. you are probably basing it on the first year but things change from year to year with tax credits and with you pregnant and likely hood of you going back to work pretty soon after the baby is born . you might be better off now but in a few months with things changing you won't be. oh and another thing something similar happened to us we had a pay rise and our children were going to nursery because we could'nt claim as much= we reduced days that our children went to nursery so we tried to even out the burden

gem4

The 'entitled to' calculator shows that I am entitled to the exact amount that I'm actually getting at the moment....surprise surprise.

Although none of my circumstances have changed in the last 5 years, and my tax credits have been a constant similar amount, this April I still found myself having an £80 overpayment deducted. This is a mystery to me since nothing has changed.

It used to say on the bottom of my award that I could earn up to £7000 without it affecting my award (I earn around £5500).
Now I noticed that the latest one no longer says this, but says instead that if my earnings change I should notify them as it could change the amount of my award. I can only assume that as I earned £200 more last tax year than I did the previous year, that the £80 deducted is for that increase, even though it is nowhere near the £7000 level.

I only work 2 days a week. I calculated that if I worked for just one extra day a week my tax credits may be unchanged for the rest of the year but I would lose housing benefit & council tax benefit, and would also pay tax and nat ins. Thus, to earn £45 extra for that one day, my actual gain is only £2.60.....hardly worth getting out of bed for.
The whole system is wrong. I would love to refuse my 15p per hour wage increase every year as it costs me more than it's worth.

Fran

starlite,

I would forget thinking about it in terms of tax credits, it's not long since they were "Working Families Tax Credits" and other changes before that, you could make a decision now and find they no longer exist in a couple of years or the rules have changed.