Tax Credit withdrawal rate means we work for 30p/£1!!!

grahamliza4

dawnydee73 wrote: »

I work because I have to, income support is not much to live on and I want to send the right message to my kids that you need to work and save if you want nice things in life

ARGHH! Again with the not reading things! I said PART TIME, not quit for income support!

astonsmummy

Then i have the running of my car £5 a week car tax stamps, £35 a month insurance, i need my car to do my job.
And clothes etc....

dawnydee73

grahamliza4 wrote: »

I have posted figures of how much benefit I would be given if I dispensed wit hthe niceties of Husband and became a single parent. The bottom line is I would have more money to live on than with us both here and both working!

But I don't think you will, I get a lot less been single, the money I get for child tax credit goes straight into childcare. I will not have to pay for child care in September so will get less tax credits. Entitledto gives you an estimate as I said before it is not correct when I put my details in. Everyone I know who is on working tax credit has to pay full rent and does not help for that

grahamliza4

bonnie wrote: »

It's a statement of affairs, your obviously spending beyond your means if you can't manage on £25k. So if you post all your incomings and outgoings we may be able to help and tell you what you can save on and get the best value with.. We've all done one on here before and it's amazing what you can save by having other people comb through your finances. I now have my weekly shop down to £60 for 5 thanks to the money saving ole style board and will be debt free by xmas thanks to this site. There is no need to suffer with all the good people on board.

Cool. Thats sounds fun. Okay people, all figures are net and as they stand at the moment. PLEASE read the notes....

actually, is there a set way of setting it out, or do i just list stuff?

dawnydee73

grahamliza4 wrote: »

ARGHH! Again with the not reading things! I said PART TIME, not quit for income support!

But if I do less hours I get less money, already checked with the Inland Revenue

manicstreetpreacher

I sit totally on the fence on this one as I personally know several single mums who do abuse the system, pleading poverty yet ciggie always in hand!

I'm a stay at home mum for which I MAKE NO APOLOGY. I didn't have kids just to put them in a nursery/leave with someone else. My hubby works ft and it's a struggle on under 10k a year - we don't get help with council tax or housing either, nor dentistry as there are no nhs ones in our area. So 25k a year really isn't much to complain about is it? But on the other hand, I have made that decision to stay at home and live with the consequences of that decision. I do see the op's point though and I'm quite sure she never set out to offend anybody.

There, I've stuck my oar in! Rant over.

dawnydee73

Try this link and see if its the same as entited to

TheWaltons_3

meluca wrote: »

:eek: OMG I can't believe how this thread has turned into a slanging match about couples v's lone parents.

Yes the majority of people know the tax credits system is far from perfect but it does provide help for many many people who WANT to work to provide for their families

Yes. It gives lone parents and people on low wages the chance to 'top up' their earnings to equal someone who already takes a good wage from having worked hard/worked long hours/studied - whilst they pay more taxes.

I am not ashamed for TC helping to pay my childcare. We pay it out in Taxes probably the same as what we receive.

As someone else said - forget Tax credits. Let people earn the money they make.

And as for the lone parent victims - wow, how can you moan? What about the lone parents in other countries who get NOTHING whatsoever from any Government. They are the people I feel sorry for. The ones who can't afford Glasses, let alone afford to top up what the NHS gives them by way of an Eyecare voucher.

grahamliza4

manicstreetpreacher wrote: »

I sit totally on the fence on this one as I personally know several single mums who do abuse the system, pleading poverty yet ciggie always in hand!

I'm a stay at home mum for which I MAKE NO APOLOGY. I didn't have kids just to put them in a nursery/leave with someone else. My hubby works ft and it's a struggle on under 10k a year - we don't get help with council tax or housing either, nor dentistry as there are no nhs ones in our area. So 25k a year really isn't much to complain about is it? But on the other hand, I have made that decision to stay at home and live with the consequences of that decision. I do see the op's point though and I'm quite sure she never set out to offend anybody.

There, I've stuck my oar in! Rant over.

really cool screen name - cant believe it wasnt already taken & I didn't think of it first!

Elle00

grahamliza4 wrote: »

I have posted figures of how much benefit I would be given if I dispensed wit hthe niceties of Husband and became a single parent. The bottom line is I would have more money to live on than with us both here and both working!

I am NOT knocking the single parent! I'm having a go at a stupid system invented by a stupid government that I certainly didn't vote for.

I have a bloody good mind to switch from accountancy (yes I can budget thanks) to politics and make things better and fairer all round.

AGAIN WITH THE ENTITLEDTO CALCULATOR IS NOT CORRECT. Love the bit about accountancy... You can't spell or add up properly and you expect us to believe you are lord of the manor? I work in "finance" btw because I'm not a qualified accountant either.

Have you read my post about what I actually receive? You are only entitled to claim benefits to keep you on the minimum amount you need to live on. You should do your calculation retrospectively as though you are in year 2 and you won't be laughing then. Any extra is for the FIRST YEAR you work as a lone parent for. For housing benefit, well, PMSL. You would not get most of your rent paid earning £5kpa. You need to check the calculator on the site of your own council for a realistic estimate and even then it is still not accurate.

Some of us, btw, work full-time in the hope we will someday earn enough to actually enjoy life. We realise life takes longer to set up than three flaming years. We also hold out the hope that we will be allocated affordable housing so 70% of our wage does not go on rent. I have half a mind to move my child into a grotty bedsit just to save £150pm. Then again, it would cost me £650 to get out of my lease knowing my landlord and the repairs he would create within the terms of my rent guarantee deposit scheme agreement.

The "extras" are for people on Income Support too except prescriptions and free eye tests.

I'd like to know how you are renting a property for £350 too. I have to pay £650pm for a poxy 2 bed flat. I take it getting up the duff young meant you jumped the housing list and got a socially affordable property?

It's just the icing on the cake. Stop digging.