worse off on universal credit?

c85

hi just a quick query, i done the online places for people universal credit calculator and its saying my base award and child support come to a total of £265 per month (£61 per week) thats with my salary of £1302 (40hr week) and my partners salary £6120 (18hrs week) total inc £21744. we currently recieve £340 in child tax credit every 4 weeks (£85 a week) thats based on the same income figures as above. so by the looks of this we will be £24 a week worse off just over £100 a month we are set to lose when we get switched to universal credit!!! should i start cutting back now or is this possible a mistake in the calculator? i was under the impression that people would be better off under the new system? any advice appreciated cheers

Horseunderwater

I do not think that these UC tools are accurate at present. If your income is same then your tax credit elements should remain as they are now.

sammyjammy

c85 wrote: »

hi just a quick query, i done the online places for people universal credit calculator and its saying my base award and child support come to a total of £265 per month (£61 per week) thats with my salary of £1302 (40hr week) and my partners salary £6120 (18hrs week) total inc £21744. we currently recieve £340 in child tax credit every 4 weeks (£85 a week) thats based on the same income figures as above. so by the looks of this we will be £24 a week worse off just over £100 a month we are set to lose when we get switched to universal credit!!! should i start cutting back now or is this possible a mistake in the calculator? i was under the impression that people would be better off under the new system? any advice appreciated cheers

Not everyone will be better off. There is transitional protection for people moved over to UC, see link below.

http://www.welfarereformsadvice.co.uk/articles/Universal_Credit_New_cases_Migration_and_Transitional_Protection_July_2012.pdf

c85

thanks il just keep fingers crossed then.. i thought it was a complete new calculation but as you see the tax credits r just incorporated into uc so should technically remain the same.

shedboy94

c85 wrote: »

hi just a quick query, i done the online places for people universal credit calculator and its saying my base award and child support come to a total of £265 per month (£61 per week) thats with my salary of £1302 (40hr week) and my partners salary £6120 (18hrs week) total inc £21744. we currently recieve £340 in child tax credit every 4 weeks (£85 a week) thats based on the same income figures as above. so by the looks of this we will be £24 a week worse off just over £100 a month we are set to lose when we get switched to universal credit!!! should i start cutting back now or is this possible a mistake in the calculator? i was under the impression that people would be better off under the new system? any advice appreciated cheers

Is it child maintenance you receive? If so this may be the reason why as it currently isn't means tested for Tax Credits but I believe it will be for UC? I might be wrong though.

clearingout

there is no suggestion (that I'm aware of) that child maintenance will be considered income for Universal Credit purposes.

c85

shedboy94 wrote: »

Is it child maintenance you receive? If so this may be the reason why as it currently isn't means tested for Tax Credits but I believe it will be for UC? I might be wrong though.

no it is not child maintence. all we get is child tax credit at the above amounts. when i mentioned child support it was because the uc calculator breaks everything down into groups. base award, child support, housing etc. its quite confusing really lol

bloolagoon

How old are your children?

c85

bloolagoon wrote: »

How old are your children?

little ones are 2 and 4 years.. didnt think this affected it?

teagan1966

im quite surprised you get that much in credits going on your wage might be a good idea to check thats right , i only earn 6 k a year , my credits are about 600 a month , yes only one child not two, id double check as you dont want to owe them ,

Nada666

teagan1966 wrote: »

im quite surprised you get that much in credits going on your wage might be a good idea to check thats right , i only earn 6 k a year , my credits are about 600 a month , yes only one child not two, id double check as you dont want to owe them ,

I don't follow the logic. You receive £600 for one child but they receive £340 for two. And you suspect they are receiving too much?