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more hours,less money question

Hi, am looking at a new job,am so unhappy at the moment.

The thing is, it's more hours but less per hour than what I'm on now,and i need to be careful!

Any idea how much CTC i would get?
20 hours a week, £8.50 an hour.

thanks
LIVE SIMPLY * GIVE MORE * EXPECT LESS * BE THANKFUL

Comments

  • Horseunderwater
    Horseunderwater Posts: 3,406 Forumite
    1,000 Posts Combo Breaker
    Are you a single parent? If so and you're over 25 then you might get working tax credits too as you only need to work 16 hours for that.
    CTC for 20 hours on £8.50 an hour would not make any difference - you'd still get full award based on that. But obviously less in wages. Your net wages would be £167.31 after national insurance is deducted per week. Does this help you work out it any easier?
  • asparagus1968
    asparagus1968 Posts: 1,787 Forumite
    Debt-free and Proud!
    thank you.
    i am single yes.
    so i'd need to take off tax and i'd need to sort out a new pension too from that £167.31.
    mmmm,unhappy but paying the bills it's going to be i think!
    LIVE SIMPLY * GIVE MORE * EXPECT LESS * BE THANKFUL

  • Horseunderwater
    Horseunderwater Posts: 3,406 Forumite
    1,000 Posts Combo Breaker
    You would not be paying any tax on that amount as it is under the weekly personal allowance of £181.53 - so only a pension to worry about.
  • asparagus1968
    asparagus1968 Posts: 1,787 Forumite
    Debt-free and Proud!
    0h wow!
    more consideration then!
    LIVE SIMPLY * GIVE MORE * EXPECT LESS * BE THANKFUL

  • pmlindyloo
    pmlindyloo Posts: 13,104 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    Pop your details into the benefit calculator on here:

    http://www.turn2us.org.uk/benefits_search.aspx

    for an idea of your entitlements.
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