Can someone do the calculation for me...tax credits?!
AimeesMum_2
Posts: 570 Forumite
Hiya,
I was wondering if anyone could do my tax credit calculation for April based on the new rates.
My taxable income was £19,180 and my partners was £5,200.
We will be paying £230 per week childcare for two children...one who is 3yrs old and the other is currently 3 months old.
Thank you xxx
I was wondering if anyone could do my tax credit calculation for April based on the new rates.
My taxable income was £19,180 and my partners was £5,200.
We will be paying £230 per week childcare for two children...one who is 3yrs old and the other is currently 3 months old.
Thank you xxx
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Comments
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how many hours do you both work?0
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I work 40 and my partner is on long term incapacity benefit. xx0
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Hiya,
I was wondering if anyone could do my tax credit calculation for April based on the new rates.
My taxable income was £19,180 and my partners was £5,200.
We will be paying £230 per week childcare for two children...one who is 3yrs old and the other is currently 3 months old.
Thank you xxx
£230 per WEEK does sound extremely excessive to me - maybe I am in the wrong line of work ?0 -
2 children, 40 hours each a week, so £230 works out to be £2.88 per child per hour, not that much really.
OP, I'm sorry I tried to do the sums, but I've no experience of claiming the childcare bit and I got a bit confused!0 -
I worked it out at around £11320 for the year using £24,380 as your 2010-2011 income. Obviously the amount may be different depending on your actual 2011-2012 income.
Also presumed no disability elements, no disabled children etc....
IQ0
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