Changes to Tax Credits from April 2012

marie-momof3

Morlock wrote: »

What did you expect? Tories are not renowned for being sympathetic towards the poor, they are sympathetic towards the rich getting richer.

They based their election campaign on 'benefit bashing', did you forget that you received a lot of income in benefits? Or was it that you thought that only the unemployed benefit recipients would be punished?

You voted for them to cut your own income!

I suspect a lot of others, like you, are now realising that they have bitten their own nose to spite their face. :rotfl:

I understand your point, however, in my defence Labour had made a mess and this was the only time I voted for the Tories, there is a saying a change is good as a rest.

Its nice to know that you care! ha:)

marie-momof3

shedboy94 wrote: »

To be fair, I would hardly class you as the poorest in society - with your WTC / CTC / CB / DLA / probably HB/CT Benefit, possibly Carers allowance, you are probably receiving more in benefits than most people in this country earn

With all due respect you do not know my situation so please do not judge me on the basis of a post asking for help! I have more than paid my taxes and have always worked up until recently and will return to work when my children are old enough and probably will pay more in tax in one year than you would earn. Thanks for your constructive comments.

marie-momof3

bloomingflower wrote: »

Its funny what you have just said here.Too true.

I was just thinking the same thing the last few days of how exactly all the Tory voters have now come unstuck. These are the very same people who voted them in who are now going to be suffering from their own party's new welfare reforms.

Tory voters thought that they were untouchable. Pity them.

Thankfully I do not require your pity, I was hoping for some constructive replies but alas that is all you could come up with!

smithyjules

Hi there,

I hadn't realised this thread had been brought to the top agin so apologies for the late reply.

Thanks to those who have contributed.

We do not claim any means tested benefits other than working/child tax credits so I certainly think we are trying our level best to support ourselves. I have been very fortunate that my employer has been able to give me the extra two hours and also thankful to a close friend who will collect my Daughter from the School bus until one of us returns from work/uni.

There has never been a time when neither of us have worked and we try our best to muddle through without relying on anyone else if possible. As some have pointed out it was our choice as a couple for my Husband to re-train at University to try to support us better for the future (along with giving him some job satifaction). We thoroughly investigated the financial situation before we committed to taking this route, Student Loans/grants etc and how I could work and still spend much wanted time with our young children. We had everything organised and it was all plodding along with military precision until the recent changes in Tax Credits.

Again I thank those who have contributed to the thread. And wish those who are also struggling with the changes, the very best of luck to sort things out.

marie-momof3

Icequeen99 wrote: »

I haven't done the calculation but given the increases in the child elements (including the disabled child elemengs) I am fairly sure you should be better off next year.

You say your partner's income last year was £9,600 - do you mean for the 2010-2011 tax year? What is his 2011-2012 income expected to be?

IQ

Thanks for your constructive help, it is appreciated but I've got so much flak for posting on this site that I don't want to add anything else other than its a shame that people instantly judge you without knowing your situation. I will not be using MSE Forum again.

shedboy94

marie-momof3 wrote: »

With all do respect you do not know my situation so please do not judge me on the basis of a post asking for help! I have more than paid my taxes and have always worked up until recently and will return to work when my children are old enough and probably will pay more in tax in one year than you would earn. Thanks for your constructive comments.

Considering you have posted your circumstances for all to see I believe I have a good idea of your situation. I love the arguement about having paid taxes......what does that have to do with anything - what about the people have paid taxes all their life but never taken anything back from the state? So how old do your children have to be for you to consider returning to work - there is a thing called childcare. If you believe that you will walk straight into a job paying well over £100k per year, then why not do it and support yourself instead of complaining about the generous benefits you receive that you are scared of losing?

krisskross

marie-momof3 wrote: »

With all due respect you do not know my situation so please do not judge me on the basis of a post asking for help! I have more than paid my taxes and have always worked up until recently and will return to work when my children are old enough and probably will pay more in tax in one year than you would earn. Thanks for your constructive comments.

If you have such a large earning capacity i.e can earn enough to pay over £1000 or so a month tax why do you not work and let your husband look after the children? That is what I would do if I was a potential high earner

marie-momof3

shedboy94 wrote: »

Considering you have posted your circumstances for all to see I believe I have a good idea of your situation. I love the arguement about having paid taxes......what does that have to do with anything - what about the people have paid taxes all their life but never taken anything back from the state? So how old do your children have to be for you to consider returning to work - there is a thing called childcare. If you believe that you will walk straight into a job paying well over £100k per year, then why not do it and support yourself instead of complaining about the generous benefits you receive that you are scared of losing?

Look, I came here asking for help, I am not prepared to inform you of any more of my details. I am not on 100k a year and never will be, I needed the system now, for only 3 years. Presumably you are in in a 100 k per year job so I better not stop you from working.

marie-momof3

krisskross wrote: »

If you have such a large earning capacity i.e can earn enough to pay over £1000 or so a month tax why do you not work and let your husband look after the children? That is what I would do if I was a potential high earner

Thank you for your comments, we have thought about that, I don't see that earning over £1000 per month is high earning. However, I do see your point. My son is disabled and difficult to manage therefore presently we have decided for me to stay at home plus my partner had a very bad year being self employed. Thanks though

shedboy94

marie-momof3 wrote: »

Look, I came here asking for help, I am not prepared to inform you of any more of my details. I am not on 100k a year and never will be, I needed the system now, for only 3 years. Presumably you are in in a 100 k per year job so I better not stop you from working.

I'm confused.......you said if you returned to work you would PAY MORE IN TAX THAN I EARN IN A YEAR, which would mean you would have to be earning approx £100,000 pa.