Apprenticeships and tax credits/child benefit

loopylass30

Hi there,
My 17 year old son has an interview on Thrusday for a Mecnanical Engineering Apprenticeship, hes really excited about this possible opportunity.
Am i right in thinking if he does get this Apprenticeship that my tax credits for him and child benefit will stop?
This would really affect us financially as although i do work full time, by the time ive paid mortgage, council tax and other household bills my wages are pretty much spent, and i rely on my tax credits week by week to get us by, i do have another son still at school so i know i would still get dredits for him but im in a bit of a panic, i obviously dont want to stop him doing this as hes whats hes wanted for a while now.

Any help/advoce would be appreciated.

thanks

loops

karenx

Yes it will stop for him as he is now working

McKneff

He will be earning so will be able to contribute to the household,

Tell him welcome to the real adult world.

loopylass30

McKneff wrote: »

He will be earning so will be able to contribute to the household,

Tell him welcome to the real adult world.

were still trying to decide how much lodge he will pay! but what ever i take of him things will be even more of a struggle than usual

Anubis_2

loopylass30 wrote: »

were still trying to decide how much lodge he will pay! but what ever i take of him things will be even more of a struggle than usual

As it is for many families. I have the same issue, four times over, but I manage. Yes it is hard, but you can't rely on CB and CTC forever whike he lives with you.

My oldest is 24, he still lives at home, can barely give me anything because he only works 8 hours as it is all the work he can get ( soon to change ) but we manage and have supported him for 8 years without any child related benefits. We have three other children to support, I only get CB for two of them, one soon to stop.

What we did was cut down on every household bill, rang around for the cheapest deals for internet, gas, electric etc and cut our food bill down, only buying necessities and no cakes, biscuits, crisps etc.

loopylass30

Anubis wrote: »

As it is for many families. I have the same issue, four times over, but I manage. Yes it is hard, but you can't rely on CB and CTC forever whike he lives with you.

My oldest is 24, he still lives at home, can barely give me anything because he only works 8 hours as it is all the work he can get ( soon to change ) but we manage and have supported him for 8 years without any child related benefits. We have three other children to support, I only get CB for two of them, one soon to stop.

What we did was cut down on every household bill, rang around for the cheapest deals for internet, gas, electric etc and cut our food bill down, only buying necessities and no cakes, biscuits, crisps etc.

Thats one of the first things i said to him was , We will have to cut back and budget better" your right, tax credits were never going to be here forever, and neither is c/b, its only when you really sit and work things out you realise how much goes on stuff thats not needed!

Rain_is_Insane

I understand about the change in income being hard but yes you will have to change your budget. My son is hoping to get on an apprenticeship shortly and has told me he will give me whatever I lose in benefits...bless him...that will leave him with about £13 a week for working 36 hours...lol so no, thats not going to happen. What WILL happen is extra treats like crisps, cakes, biccies etc, he will be buying himself. It will be no more "mum i'm going to the park can I have a couple of quid for drinks" etc

I'll be taking £25 a week from my sons £95 wage, most of that will go towards the phone/internet/tv bill, but I also pay his moped insurance, so £5 a week will go towards that. With careful planning I should break even to what I spend now.

Mupette

£95 for apprentiship is good, i remember my first job straight from school paid about £60 ok this was 1986 I had to give my mum £20 a week and hand over the rest and she put in savings for me, i got back about £5 to last the week for the tea/coffe machine, and take my own sandwiches. Then again i didn't go out to pubs or clubs etc didn't smoke, there were no mobiles then

[Deleted User]

dont forget the lower rate of CB you get for child 2 will increase to the higher rate when only claiming for one child,not much but as Mr T says"every little helps"

Anubis_2

Mupette wrote: »

£95 for apprentiship is good, i remember my first job straight from school paid about £60 ok this was 1986 I had to give my mum £20 a week and hand over the rest and she put in savings for me, i got back about £5 to last the week for the tea/coffe machine, and take my own sandwiches. Then again i didn't go out to pubs or clubs etc didn't smoke, there were no mobiles then

LOL this brought back memories. My first apprenticeship paid £25 and I had to give my parents £20 of it, while others where getting to keep 20 and giving a fiver, as a fiver was the average rate for board all thos years ago, but I won't go into that.

The other fiver I had to use for bus fares and dinner. I was 18 at the time and could never go out, but I have never been a drinker anyway - my first drink was at 23 and never again. I have the very odd baileys at Christmas - not even 20 mil of it.

akin_drum

My son did a Parts Apprenticeship for Honda a few years ago and was taking home about £650 a month. He absolutely loved the job and the apprenticeship (not to mention having what felt like tons of money!). He was one of the first to do the Honda Challenge and I was so proud when he graduated.

Incidentally, I think only taking £25 a week from someone earning £95 is generous in the extreme - especially as you are still paying one of his bills!