tax credit income limits- you might want to see this

carebear13

came across this earlier- sorry but i dont know how to post a link-
go to revenuebenefits.org, then go to tax credits,click on header- new rates updated 20 march and then maximum income limits.
hth you all, theres also a table for wtc and one that includes childcare. think some people are gonna get a big shock though as the cut off is actually alot lower than £25000 if no childcare paid.

poppy10_2

Linky
http://www.revenuebenefits.org.uk/tax-credits/guidance/how-much-can-your-client-get/maximum-income-limits/

HappyMJ

carebear13 wrote: »

came across this earlier- sorry but i dont know how to post a link-
go to revenuebenefits.org, then go to tax credits,click on header- new rates updated 20 march and then maximum income limits.
hth you all, theres also a table for wtc and one that includes childcare. think some people are gonna get a big shock though as the cut off is actually alot lower than £25000 if no childcare paid.

Is this the link http://www.revenuebenefits.org.uk/tax-credits/guidance/how-much-can-your-client-get/maximum-income-limits/

£51,947 for 5 children seems a reasonable maximum income limit.

Cornish_piskie

carebear13 wrote: »

came across this earlier- sorry but i dont know how to post a link-
go to revenuebenefits.org, then go to tax credits,click on header- new rates updated 20 march and then maximum income limits.
hth you all, theres also a table for wtc and one that includes childcare. think some people are gonna get a big shock though as the cut off is actually alot lower than £25000 if no childcare paid.

It looks to me like the cut off for a couple with one child and no childcare costs is £25703 - am I reading it wrong?

Cornish_piskie

Cornish_piskie wrote: »

It looks to me like the cut off for a couple with one child and no childcare costs is £25703 - am I reading it wrong?

Oops - I need to learn to scroll down :rotfl:

Without the thirty hour element it's £23771 - now am I reading it right?:o

carebear13

thanks for doing the link.
cornish pixie- i think that is for wtc &ctc. ctc only is £23576 apparently. tbh though it is still a bit confusing if its not a basic claim.
happy mj- £51000 ish, should be more than enough imo. we have just had no4 and earn a lot less than that, however tax credits has never been a consideration when deciding to expand the family.

HappyMJ

I don't quite understand the maximum income limit of £11,112 for single people working less than 30 hours. I thought a single person without a disability had to work 30 hours a week to get any form of working tax credits at all.

Icequeen99

HappyMJ wrote: »

I don't quite understand the maximum income limit of £11,112 for single people working less than 30 hours. I thought a single person without a disability had to work 30 hours a week to get any form of working tax credits at all.

Not if you are aged 60 or over, you can qualify at 16.

IQ

ecoelle

Sorry i'm really not following. My hubby works 43hrs and i'll be working 18hrs we have 1 daughter with no special needs, what's our limit?

omas

ecoelle wrote: »

Sorry i'm really not following. My hubby works 43hrs and i'll be working 18hrs we have 1 daughter with no special needs, what's our limit?

If you don't pay for childcare your limit is £25,703.

santashelper_2

Confused my partner is on 18,000 i dont have any income he works a 40 hr week but we were told we are not entitled to anything we dont have any children living with us can anyone tell me what our position is please