working tax help please

paulasx

Hi
I am currently working bank shifts and although I have no actual contracted hours, I usually work 16+. Would I be eligible for WTC? in the past 5 weeks there has only been 1 week where I have done less than 16 hours.
I am also due to start a new job at the end of this month. I will be gettig £21176 basic before tax/ni etc. I have 3 children, a husband who will have no earnings and pay no child care. Would I then be eligible for working tax credits?
Thanks in advance x

ce1

paulasx wrote: »

Hi
I am currently working bank shifts and although I have no actual contracted hours, I usually work 16+. Would I be eligible for WTC? in the past 5 weeks there has only been 1 week where I have done less than 16 hours.
I am also due to start a new job at the end of this month. I will be gettig £21176 basic before tax/ni etc. I have 3 children, a husband who will have no earnings and pay no child care. Would I then be eligible for working tax credits?
Thanks in advance x

I cant see you getting WTC with your income, you would still be entitled to child tax credits though.

chelle03

On that wage its not looking good for WTC but check out the site below,I cant put links in yet i'm a n00b and not allowed but google it
I have used this to work out things before i started a job too came in handy

Regards chelle.

I use the Turn2us site

shah11

One thing you need to understand is that Tax Credits are always based on your previous tax year's household income unless your current tax year's income is less than the previous tax year or £25k higher than the previous tax year.
For example if during the tax year 2009-10, your household gross incomes was £20k and in the current tax year (2010-11) is £15k, then your entitlement will be based on the £15k figure but you need to be realistic as if you under estimate your income, you may end up with an over payment. and again If your last tax year income was £20k and current year income is £45k, then your tax credits entitlement will be based on the current year estimates.

With regards to your working hours, if your working hrs vary from week to week then you need to work out an average number of your weekly hours over the course of 4 consecutive weeks and if it is minimum 16, then you should be eligible for WTC.

Hope this helps

lauzellen

This 25K disregard mentioned above is changing to 10K from April.