Benefits for working parents?

lauzellen

They would get minimal help with childcare on that wage - most likely be much better off taking the vouchers as these are taken off their wages before tax so £700 wage is worth £1000 in vouchers and this would also lower their taxable income for tax credit purposes so they should recieve more in the way of child tax credits. Any childcare paid for with vouchers can not be claimed for via the childcare element of working tax credit.

karenx

MrsE wrote: »

34k is not much with a mortgage in Surrey;)

Benefits dont take into account mortgage payments

MrsE_2

karenx wrote: »

Benefits dont take into account mortgage payments

I'm just saying, its not a big income.

karenx

MrsE wrote: »

I'm just saying, its not a big income.

It is for benefit purposes. They will only be entitled to basic tax credits of £545 per year.

DaisyFlower

Arent tax credits being stopped for incomes over 25k with just one child in the next couple of years anyway? Far better to budget on salary alone and then anything extra is a bonus.

MrsE_2

DaisyFlower wrote: »

Arent tax credits being stopped for incomes over 25k with just one child in the next couple of years anyway? Far better to budget on salary alone and then anything extra is a bonus.

Of course.

Its not something she has ever had, I just wondered if she was eligible for any child care costs help really.

Can you point me to where I said she was factoring benefits into her budget;)