working tax credits and partner may quit work/be fired

hunnieybunniey

hi guys I'll try keep this short as I can, I'm right now on maternity and in middle of buying a house, me and my partner both working for same company although I have a higher role. I agreed with my boss I would return to the shift pattern as I was on before I went on maternity which is basically I can work anytime as long as my partner could get set shifts to work round child care. now my boss is saying he cannot set shifts and he will have to work what he is given, which is some kind of joke as I have seen him do this to other people and only give them 6 hours a week.

I went on tax credits calculator and found out my partner need to basically get 16 hours a week to break even with the tax credits that was based on my income alone. as the mortgage is going in my name solely I need to work full time and will only get the hours if I keep my availability anytime. my partner is very stressed at work as the boss just keeps threating him asking him if he want's to keep his job which I find highly unprofessional.

basically I think one of two things is going to happen either my partners going to quit or he is going to snap and be fired as he is trying his hardest to provide for us but he finds his job very demining and to be frank hates the way he is always spoken down to.

now I was wondering if one of the two scenarios happen what would happen to my tax credits would they then base them on just on my wage? would they go up straight away if it happens or would they wait till next year. I need to know as I have already started saving just incase this does happen. but still would like to know obviously my partner would start looking for another job he hate the fact already I'm going to be the bread winner.

sorry for essay just need to know
thanks

Icequeen99

hunnieybunniey wrote: »

hi guys I'll try keep this short as I can, I'm right now on maternity and in middle of buying a house, me and my partner both working for same company although I have a higher role. I agreed with my boss I would return to the shift pattern as I was on before I went on maternity which is basically I can work anytime as long as my partner could get set shifts to work round child care. now my boss is saying he cannot set shifts and he will have to work what he is given, which is some kind of joke as I have seen him do this to other people and only give them 6 hours a week.

I went on tax credits calculator and found out my partner need to basically get 16 hours a week to break even with the tax credits that was based on my income alone. as the mortgage is going in my name solely I need to work full time and will only get the hours if I keep my availability anytime. my partner is very stressed at work as the boss just keeps threating him asking him if he want's to keep his job which I find highly unprofessional.

basically I think one of two things is going to happen either my partners going to quit or he is going to snap and be fired as he is trying his hardest to provide for us but he finds his job very demining and to be frank hates the way he is always spoken down to.

now I was wondering if one of the two scenarios happen what would happen to my tax credits would they then base them on just on my wage? would they go up straight away if it happens or would they wait till next year. I need to know as I have already started saving just incase this does happen. but still would like to know obviously my partner would start looking for another job he hate the fact already I'm going to be the bread winner.

sorry for essay just need to know
thanks

If your income falls, you could give a new estimate to HMRC and they would revise your tax credits. However the first 2,500 of the fall is disregarded.

If your partner then got another job, so that your estimate turns out to be too low there is likely to be some overpayment.

IQ

hunnieybunniey

it would be a drop of 8k from last year he is on minimum wage and barely gets hours as it is. I understand if he got another job it may lead to overpayments but I over estimate everything anyways rather not be over paid.
thank you for your help IQ