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would like a second opinion
vintagegirl
Posts: 769 Forumite
I am shopping around for a friend and wondered if she would be entitled to tax credit.
She has 2 young children, has childcare costs of £45 per week. and salary is the following
£1200 per month for her
and £1560 average for her husband.
I have done entitledto. website which is saying roughly around £40 per week CTC but im not sure if this is correct.
any ideas x
She has 2 young children, has childcare costs of £45 per week. and salary is the following
£1200 per month for her
and £1560 average for her husband.
I have done entitledto. website which is saying roughly around £40 per week CTC but im not sure if this is correct.
any ideas x
0
Comments
-
You don't say if that is gross or net pay
If net then this equates to over £41k joint income
If gross then this is £33k
the answers will be different
the tables are here but are based on higher childcare costs so may not help much http://www.hmrc.gov.uk/taxcredits/people-advise-others/entitlement-tables/work-and-child/index.htm0 -
Not sure how you get £40pw with those figures, even if gross it'd only be about £20pw. If net it'd be a tiny amount. Entitledto is usually accurate - suspect you've put something in wrong somewhere, or was last year's income lower?0
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