Why is it the working class are getting targeted.

Mummy_Sarah

Following my discovery of me finding out I will be only keeping 59% of my wage because 41% of it will be taken off in child tax I decided to look at other scenarios.
If we decided for me not to go to work and instead have another child (we have two already), we would be having more than if we were both working.
Now with 2 children...
435.20 (me part time doing 16 hours)
237.20 (child tax)
1050 (my partners wage)
133 (child benefit)
=1855.40

with 3 children and not working my part time job
616 (child tax)
1050 (my partners wage)
185 (child benefit)
50 working tax
=1901

with 4 children and not working part time job
824 (child tax)
1050 (my partners wage)
238 (child benefit)
50 (working tax)
=2162

no wonder a lot of people out there are having loads of babies. Personally I don't think its at all fair I got too children and me and my partner work really hard. We have £125 after bills a week bring home and other people in the same circumstances but with another or more children and don't have a part time job are more well off than us. am I wrong in thinking like this. It just doesn't seem fair.

Horseunderwater

Life is rarely fair, but that is how it currently is. Not sure how much longer it will apply as IDS is talking of limiting Child ben to 2 kids at any time and with Universal credits they may do similar with what are tax credits at the moment. No one knows. They have done it for the childcare already, so it is possible.
I am not sure where you get this 41% rule - Is the first scenario your monthly gross income before tax? If so that is only £17823.00 per year, so you should be getting £5927.50 in child tax credits along with child benefit for 2 children - suggest that you use the benefits check up tool on this site to get proper entitlement done - find it on tabs top right under family income. You may find you are due more than you are getting.

miduck

You would also have another child to provide for. Why do people even consider this - do they have no pride?

LunaLady

£125 a week after bills is still quite a lot!

Mummy_Sarah

Horseunderwater wrote: »

Life is rarely fair, but that is how it currently is. Not sure how much longer it will apply as IDS is talking of limiting Child ben to 2 kids at any time and with Universal credits they may do similar with what are tax credits at the moment. No one knows. They have done it for the childcare already, so it is possible.
I am not sure where you get this 41% rule - Is the first scenario your monthly gross income before tax? If so that is only £17823.00 per year, so you should be getting £5927.50 in child tax credits along with child benefit for 2 children - suggest that you use the benefits check up tool on this site to get proper entitlement done - find it on tabs top right under family income. You may find you are due more than you are getting.

Child tax is taking off 41p in every £1 you earn so 41%

miduck

Mummy_Sarah wrote: »

Child tax is taking off 41p in every £1 you earn so 41%

No, you earn 100% (subject to tax and NI), CTC is not a deduction, it is a supplement for those that do not earn as much.

Mummy_Sarah

miduck wrote: »

You would also have another child to provide for. Why do people even consider this - do they have no pride?

£125 for a family of four with mum working part time
or £180 odd for a family of five with mum not working (an extra 50%)
I think this is unfair.x

Mummy_Sarah

miduck wrote: »

No, you earn 100% (subject to tax and NI), CTC is not a deduction, it is a supplement for those that do not earn as much.

In our case we will be having 41% taken off us we have been told by a lot of people including Tax Credits office. we no longer eligible for working tax as we now earn over 18,000.x

Mummy_Sarah

LunaLady wrote: »

£125 a week after bills is still quite a lot!

I know its a lot better than what some people do get , Im just making the point that other people who dont work but got one more child can take home 50% more thats all x

miduck

Mummy_Sarah wrote: »

In our case we will be having 41% taken off us we have been told by a lot of people including Tax Credits office. we no longer eligible for working tax as we now earn over 18,000.x

You misunderstand - you are not having anything taken off you, you are simply receiving less because you earn sufficient to look after your family without state intervention.

Benefits are intended as a safety net, if you are capable of work you aim to earn as much as you can - you appear to be aiming to maximise your benefits instead.

princessdon

Or you could be in my position where we pay more tax, get no child tax credits at all, pay childcare and they remove child benefit in December.