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New rules for working tax???

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Comments

  • geordie_joe
    geordie_joe Posts: 9,112 Forumite
    1,000 Posts Combo Breaker
    No you're not - you're working for both your wages and the tax credits that come with them!

    But work for a month only gets me £88 more than I could get for sitting on my @rse doing nothing.

    Once the tax credit goes, I will have the choice of working for a month or sitting on my @rse doing nothing for a month and getting exactly the same amount of money.

    I've paid into the system for over 36 years, so maybe its time to take some out.

    It will also leave a vacancy for someone who needs it more than me, so I'll actually be doing good for someone.
  • Oldernotwiser
    Oldernotwiser Posts: 37,425 Forumite
    But work for a month only gets me £88 more than I could get for sitting on my @rse doing nothing.

    Once the tax credit goes, I will have the choice of working for a month or sitting on my @rse doing nothing for a month and getting exactly the same amount of money.

    I've paid into the system for over 36 years, so maybe its time to take some out.

    It will also leave a vacancy for someone who needs it more than me, so I'll actually be doing good for someone.

    If you receive so much on benefits that £88 per month means nothing to you then it would suggest that the benefit system is too generous!

    Hopefully you'll be sanctioned for 26 weeks if you give up your job voluntarily, which may make you more appreciative of the system.
  • geordie_joe
    geordie_joe Posts: 9,112 Forumite
    1,000 Posts Combo Breaker
    BigAunty wrote: »
    The other poster has calculated that they will receive an increase in housing benefit that leaves them with a shortfall of just about £20 per week which is easily achievable by a bit of modest budgeting - plenty of advice on MSE in how to drive down household costs.

    Not when you have cut back and done a lot more than modest budgeting already.

    I went from taking home £1600 per month, and spending it, to getting just JSA. I've already cut back and budgeted all I can, there is no more leaway.
  • geordie_joe
    geordie_joe Posts: 9,112 Forumite
    1,000 Posts Combo Breaker
    If you receive so much on benefits that £88 per month means nothing to you then it would suggest that the benefit system is too generous!

    I didn't say the £88 meant nothing to me, I SAID IT MEANT EVERYTHING.

    If you actually read what I wrote you will see that I say it is the only reason I was working, to get £88 per month more than dole money.

    Try reading posts instead of skimming through them looking for bits to pick on people for.
  • Fiver29
    Fiver29 Posts: 18,620 Forumite
    The problem for a lot of people, including me, is that their employers will only employ people on a part time basis.

    I would love to work fulltime, but there are 200 people applying for every full time job round here, and there are very few full time job vacancies around here.

    I too have had the letter today and will lose my £288 per month tax credit in April.

    I did a housing benefit check, and as long as the rules for that don't change in April, I will get £200 per month Housing Benefit.

    This will mean I lose £88 per month and I will be getting exactly the same amount of money as I was getting while unemployed.

    I am only working for that extra £88 per month!

    You can work more than one part time job though.
    Moving onto a better place...Ciao :wave:
  • lynzpower
    lynzpower Posts: 25,311 Forumite
    10,000 Posts Combo Breaker
    Fiver29 wrote: »
    You can work more than one part time job though.

    Yeah if you can find one!

    The country is awash with work, I dont know why people dont know this

    <sarcasm mode off>
    :beer: Well aint funny how its the little things in life that mean the most? Not where you live, the car you drive or the price tag on your clothes.
    Theres no dollar sign on piece of mind
    This Ive come to know...
    So if you agree have a drink with me, raise your glasses for a toast :beer:
  • Fiver29
    Fiver29 Posts: 18,620 Forumite
    lynzpower wrote: »
    Yeah if you can find one!

    The country is awash with work, I dont know why people dont know this

    <sarcasm mode off>

    Yes, it was an absolute illusion that I just finished working two part time jobs, and three in the 18 months before that.
    Moving onto a better place...Ciao :wave:
  • We pay £15.00 a week rent, and the council tax is something silly like £6.00 a year, so we would still be over £55.00 a week worse off. We've cut back to the bone as it is. I haven't got any disability there just isn't any work around here. I will have to see if I can do any work from home, as 8 hours isn't a lot surely there must be something.
  • BigAunty
    BigAunty Posts: 8,310 Forumite
    1,000 Posts Combo Breaker
    I never understood the Labour governments decision to provide extra state subsidies to households on benefits that are the equivalent or greater than they could earn in employment.

    My friend's household income is virtually doubled through CB, CTC, WTC, HB, CT discount. This means on a salaried taxable equivalent, they have a standard of living equivalent to someone bringing in an experienced management graduate salary of approx 30k, even though one of them has a full time shelf stacking job. And she freely admits that the 'ridiculous' level of benefits they gets is one reason why she doesn't bother to get a job now her kids are at school.
  • kezz
    kezz Posts: 119 Forumite
    Really easy for people with jobs to feel smug! Hope none of you lose your jobs and have to struggle. Everytime I visit this site I come across the same thing. Self righteous, smug morons!
    Dont worry about giving me a mouthful either because this is my very last visit
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