We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
working tax credits
markbass
Posts: 199 Forumite
Hi guys, been unemployed for a while and claiming job seekers allowance since march 2009, have now found a job with a starting wage of £335 a week, i'm due to start next week, i am a single father and my child is 18 but in an approved full time college course, i have just had a go at the tax credits calculator and couldn't get any joy out of it because it was asking for earnings from april last year, well i've been unemployed so what do i put? and obviously i haven't earnt anything yet because i haven't started the new job yet, i will be working over 30 hours a week.
If i put £0 down as both answers how does that give them any indication of my future earnings? or does it all go on the previous tax year regardless of future earnings..i'm confused.
If i put £0 down as both answers how does that give them any indication of my future earnings? or does it all go on the previous tax year regardless of future earnings..i'm confused.
0
Comments
-
Hi guys, been unemployed for a while and claiming job seekers allowance since march 2009, have now found a job with a starting wage of £335 a week, i'm due to start next week, i am a single father and my child is 18 but in an approved full time college course, i have just had a go at the tax credits calculator and couldn't get any joy out of it because it was asking for earnings from april last year, well i've been unemployed so what do i put? and obviously i haven't earnt anything yet because i haven't started the new job yet, i will be working over 30 hours a week.
If i put £0 down as both answers how does that give them any indication of my future earnings? or does it all go on the previous tax year regardless of future earnings..i'm confused.
On the entitled to website which calculates all benefits, it asks for last years income and then gives you the option to say whether this years are more or less than the previous
The website is entitledto dot co dot ukMoney money money.
Debt
Dec 2016: [STRIKE]£25,158.71[/STRIKE] £21,999.99
#28 Pay off debt in 2017 £3803.550 -
Still very confused, thanks for the reply but i haven't actually started work yet and i was previously on JSA...
Lets say for example i landed a job of 50 k a year, would i still be entitled to working tax credit if in the previous year i was on JSA??
I may have to get down to the Tax office with this one.0 -
Still very confused, thanks for the reply but i haven't actually started work yet and i was previously on JSA...
Lets say for example i landed a job of 50 k a year, would i still be entitled to working tax credit if in the previous year i was on JSA??
I may have to get down to the Tax office with this one.
Tax credits are calculated on last year's earned income and you have to have worked a certain number of hours to qualify - so JSA wouldn't count. You can ask to have them calculated on the current year's income if you wish.0 -
Tax credits are calculated on last year's earned income and you have to have worked a certain number of hours to qualify - so JSA wouldn't count. You can ask to have them calculated on the current year's income if you wish.
Thanks by that i take it you mean have them calculate what i will earn from the day i start to this coming april?
Also how long will it all take to go through, i've heard if you hand the form directly back to the tax office it can shave a few weeks off.0 -
the website i linked you to asks you what your expected income will be.....if you can predict it accuratelyMoney money money.
Debt
Dec 2016: [STRIKE]£25,158.71[/STRIKE] £21,999.99
#28 Pay off debt in 2017 £3803.550
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 352.5K Banking & Borrowing
- 253.7K Reduce Debt & Boost Income
- 454.5K Spending & Discounts
- 245.5K Work, Benefits & Business
- 601.4K Mortgages, Homes & Bills
- 177.6K Life & Family
- 259.4K Travel & Transport
- 1.5M Hobbies & Leisure
- 16K Discuss & Feedback
- 37.7K Read-Only Boards