Child and Working Tax Credit Help!!!!

jmjspurs1

Im getting very confused with the changes to child and working tax credits due next april and hoped someone could help. I am single mum of 2 children. 18 yrs old in college until July 2013 and 16 yrs old planning on going to college next year for 2 or 3 years.
My income is currently £16000 for the year and i get around £100 per week as a combination of child and working tax credits. I want to know how the changes next April will affect me as paying for mortgage and bills is not easy as it is.....Many thanks in advance

microfilm1

if you are talking about universial credit nobody knows.

zagfles

The changes in April probably won't affect you. The main change is the separate threshold for the family element is being abolished - this will only affect those who only get the family element (£545 a year). You get much more than that.

There are various disregard changes and changes to WTC hours for couples. See http://www.hmrc.gov.uk/taxcreditsbudget/index.htm