working tax credit age

roddyolley

I work 33 hours per week because that's all the hours available if I get a second job I'll be paying more tax so it's not work it. As I have said all I'm asking is for the help everyone else get be it through working tax,housing benefit whatever.

Hammyman I don't know what your problem with me is I have lived by myself for 3 years and this is the first time I've even asked about getting benefits. You can say get a better paying job but I love my job I work with people with dementia and people on Liverpool pathways it's a thankless job that I bet you could never do.

Caz3121

roddyolley wrote: »

if I get a second job I'll be paying more tax so it's not work it.

If you have a second job you will 20% tax and possibly some NI but you will have 70% to yourself, how is that not worth it?...you would be paying the same additional tax/NI if you worked full time in your current job

Oldernotwiser

The sooner we get rid of all tax credits the better.

Marisco

Oldernotwiser wrote: »

The sooner we get rid of all tax credits the better.

Couldn't agree more, but that would mean companies paying living wages instead of getting subsidised by the state in the form of tax credits. It's a disgrace that working people have to have their wages "topped up"!!

Oldernotwiser

Marisco wrote: »

Couldn't agree more, but that would mean companies paying living wages instead of getting subsidised by the state in the form of tax credits. It's a disgrace that working people have to have their wages "topped up"!!

I think that we should raise the personal tax allowance so that nobody on NMW pays tax, rather than paying tax and then giving it back as tax credits.

Marisco

It would be interesting to see how much taking NMW earners out of tax would cost, compared to dishing out TC's. It's got to cost more otherwise they'd have done it by now!

FBaby

The issue is all about comparison. You compare with the previous generation or the one before, people didn't expect half what they expect now. A young person was just over the moon to be out of the family home and the price of independence was worth the cost of having to eat beans on toast every day. Instead of enjoying luxuries, they aspired to them, worked as many hours they could, socialised on the very cheap. On that basis, of course it is absolutely right that no under 25 should be entitled to tax credits.

Now let's compared with the world nowadays and how you can be a single mum of 23 with three kids and do very well indeed, especially if she can claim some DLA for them. If a 23 year old without children working hard starts comparing herself to her single mum neighbour, of course she will feel that something is wrong with the system and expects some benefit supports too.

I totally agree, tax credits really need to go...

Cherry_Bomb

roddyolley wrote: »

I work 33 hours per week because that's all the hours available if I get a second job I'll be paying more tax so it's not work it. As I have said all I'm asking is for the help everyone else get be it through working tax,housing benefit whatever.

A Sunday long day pays over £100 for the shift (can't remember what it is exactly)
4 of those a month and you honestly don't think it'll be worth it?

BigAunty

roddyolley wrote: »

I work 33 hours per week because that's all the hours available if I get a second job I'll be paying more tax so it's not work it.

Do me a favour and find a PAYE calculator instead of clinging onto the dream of collecting benefits to boost your income and the myth that you will be immediately crippled by taxes the moment you earn more.

Someone on the NMW who works 33 hours will net £173 a week. If they work 40 hours, will net £201 and if they work 50 hours, will net £242.

Another way of looking at this, is that the 33 hour a week job nets £5.24 an hour after tax/NI deductions while they net £5.02 per hour for the 40 hour week and £4.84 for the 50 hour week.

So the increase in net wage far outstrips the modest increase in taxation, meaning an extra shift would bag them approx an extra £20 a week and an extra two shifts would increase their original weekly net wage by nearly £60.

Oldernotwiser

Marisco wrote: »

It would be interesting to see how much taking NMW earners out of tax would cost, compared to dishing out TC's. It's got to cost more otherwise they'd have done it by now!

Not necessarily; there are lots of ideological reasons for tax credits.