Am I better off working part-time?

Ladyanna

Hey guys, I am hoping some of you will have a little experience on this and will be able to help

I currently work full-time (41 hours) . I am attempting to do a part-time degree and I am also a single mother to my 2 year old. I don't currently have to pay any childcare costs.

I currently feel like i am spinning plates and doing a poor job at everything (work, study & motherhood) so I am tempted to ask for a reduction in my working hours (was thinking of working 24 hours). The problem is that money is already tight!! Will I be much worse off? I have heard that with housing benefit and the increase in my tax credits that I might end up with a similar amount of income?

Does anybody have any experience with this?

Thanks
Anna

gingergee

Try putting your scenario into a benefit calculator and see what help you will get. Fair play to you though, working and doing a degree is amazing, well done you!!!!!

Caz3121

Remember tax credits work on an annual income so you may not see much change till after April as we only have a few weeks left of the tax year. Even for the new claim they will initially assess on this years income however you will be able to give them an estimate of next years income.

You are unlikely to get your wage replaced £ for £ however it is possibly the right thing to do for you

Good Luck