Under 25 - no tax credits?

snooze1

Hi,

I'm bemused... I've just used an online calculator which shows that I would be entitled to £2530 per year on my income (21,000, living alone, working 45 hours a week), but only if I'm over 25. I'm 23, so I'm not entitled...? Why is this? My expenditure is just as high, even though I'm 18 months younger...!? Is there something I'm missing here?

Cheers,

S.

cifpower

Its just the way it has always been I'm afraid. Even for benefits such as Income Support amd Jobseekers, you get more if you are 25+ then if you are under. For Housing Benefit, if you are under 25 and claim for a private tenancy, you are given the benefit equivalent to one room.

It is strange but just one of those things.

snooze1

Thanks for replying so quickly... I thought it must be too good to be true when I heard on the radio that 'just about everyone' is entitled... I must come under the 'just about' category! Ah well, roll on my 25th birthday - that'll be a great payrise...! :-)

cifpower

It is very bad for students as well. Working part time to supplement their student loan, if they earn up to £7185, their income tax bill doubles from £215 to £430. They can't take advantage of WTC either.

dmg24

snooze,

I assume you have children?

Single people over 25 definitely don't get £2530 if they earn £21000!

rich_in_norwich

dmg24 wrote: »

snooze,

I assume you have children?

Single people over 25 definitely don't get £2530 if they earn £21000!

If snooze does have children then she certainly can claim CTC.

susy_2

21,000?? I wish.

Thought you could only get tax credits if your earnings were less than 15,000?

dmg24

rich_in_norwich wrote: »

If snooze does have children then she certainly can claim CTC.

But snooze does state that they live alone.

exil

susy wrote: »

21,000?? I wish.

Thought you could only get tax credits if your earnings were less than 15,000?

Incorrect. With kids you can get tax credits at much higher income - up to 66k you get something.

LoveyB

My son is 24 and has just moved out into rented accommodation, a room in a 2 bed roomed terraced house. He is still paying off Student debts.
Can anyone advise whether he would be entitled to any benefits?
Thank you.

susy_2

exil wrote: »

Incorrect. With kids you can get tax credits at much higher income - up to 66k you get something.

Yes, but I meant as a single working person.:p