£40-a-week in-work bonus

shellsuit

shameless-about-money wrote: »

No it is not a stupid thing to say at all.

If you are back to work and earning up to £15K per week, £40 is not a lot of money.

I was referring to "dangling the carrot". A £40 incentive to get me to work wouldn't have any effect. It is too small an amount of money.

A £40 incentive per WEEK??

That's £160 a month......that is a LOT of money.

astonsmummy

shellsuit wrote: »

Were you not claiming a 'sickness' benefit of any kind then?

I thought it was an incentive to get the sick back into work, not just a bog standard lone parent?

I'm only asking because I've been on IS for more than 26 weeks now (actually rang on thursday for an appointment with a lone parent advisor because i just cant find any work suitable with hours around the kids)

No i signed up through new deal for lone parents, my mums friend offered me a job but was unsure of how it all worked so went to see the lone parent adviser and she signed me up for it, i didnt even know about it.

Scarlett1

shellsuit wrote: »

Were you not claiming a 'sickness' benefit of any kind then?

I thought it was an incentive to get the sick back into work, not just a bog standard lone parent?

I'm only asking because I've been on IS for more than 26 weeks now (actually rang on thursday for an appointment with a lone parent advisor because i just cant find any work suitable with hours around the kids)

shell I think its to get anyone on IS back into work, I was offered it when I had my last back in work interview

Scarlett1

shameless-about-money wrote: »

I don't agree since when I was working I was earning over £25K per year. I now have to change work.

The £40 "incentive" would not specifically make me go back to work.

With children you have money through CTC, child benefit, etc,etc.

an extra £40 per week for 12 months on top of wages, CTC, WTC, HB, CTB and Child Benefit is not an incentive

shellsuit

Cheers Guys

Just had a look an my jobcentre is one listed, so I'll ask about it when I get a meeting with the lone parent advisor. (Should be within a fortnight I was told....a fortnight?!)

shellsuit

Oh forgot to say, I agree it should be available to all, not just certain areas

Scarlett1

yes agree

astonsmummy

yes i think so, i read an article which said they are extending it to 2008 and increasing it to £60 for londoners, i'll try and find it.

astonsmummy

http://money.guardian.co.uk/budget2007/story/0,,2039933,00.html

The chancellor also said the £40 per week in-work credit paid for 12 months to lone parents going back to work would be extended until June 2008 and would go up to £60 a week in London. This tax-free credit, paid on top of wages and other tax credits, is worth just over £2,000 in the year an eligible lone parent returns to work and will be worth £3,120 in London, where 40% of jobless lone parents live.