Can someone please work out Tax Credits for Next year

zagfles

If your income ends up being under 40k this year you'll still get the family element (£10pw). If it's over £41329 you'll get nothing. (assuming just the one child & no disabilites).

LTP123

Please ,ight someone work mine out? I was working over 30 hours until last month. So from April we will be:

A couple
One child, 2
Currently receiving £80 CTC a month and £9 odd child benefit a week.

Thanks in advance for any help.

LTP123

Sorry forgot to say husband earns around £18500 before tax.

LTP123

Hi sorry to be a pain but can anyone help me?

Thanks.

lauzellen

firstly you should be getting £20.30 a week in child benefit as only 1 child.

As you are not currently working you can ask for the award to be based on an estimate of current yr income from april.. ensure you over estimate rather than under or could end up with an over payment. Based on 18.5K..

Entitlements: 1920 + 1950 + 790 + 545 + 2555 = 7760

Reduction due to income: (18500 - 6420) * 0.41 = 4952.80

11/12 yr entitlement: 7760 - 4952.80 = 2807.20

Weekly entitlement: 2807.20 / 52 = £53.98

murtle1981

Hi.
I know the elements are going up next tax year?? so what would we be looking at?
3 kids age 2, 4 and 9
I get Income Support as a carer (i get income support for both me and my partner)
Partner gets middle rate care DLA
I get carers allowance


Any help...many thanks:)

demondolly

Hi can anyone help me please?
Need some help working out tax credits for April 2013 onwards.

We have one Son aged 18 months, Husband works 39 sours approx £16500 p/a, my paid maternity leave ended April 2012 and I'm currently not working as looking g after our Son.
Did 2 months part time work (7 hrs per week) in June and July last yr earning 50 per week.
We have a mortgage and only other thing we get is child benefit. We're really struggling and wondered if there was further help.
Thanks in advance if someone could have a look at this for me.

Poppie68

You really would be better starting your own thread. The thread you have reopened is 2 years old and some people may get bored before they reach your post.

traceylouwilky

Thanks god there are people out there to help.
You need a degree to work this out.
I work and earned £11820.00
Hubby self employed earned £6300
Child benefit for 15 year old £20.00 per week
Industrial Injuries (which i dont think are taken into account) £31.50 per week
Have just had letter to say i will be getting £225 per month from now onwards but could be more once my p60 is looked at after the 5th April.
Does this sound correct?
Many thanks to any one who can help.;)