tc/wtc-missus being laid off?

mouk

Hi all,

I'm curentley contracted to work 20 hours per week and the missus currently work 5 hours.
unfortunately the missus will lose her job next month

at the moment we get tax credits for our kids but not WTC as our earnings are over the 16K per annum.

now so far this year our yearly earnings all together is below 16k.

I usually work more than 20hrs per week because of overtime and on average this works out to 26hrs per week over the year.

will I be able to claim WTC?

thanks in advance

Icequeen99

You can't average over the year for tax credits.

You can count overtime, but it would need to be your 'normal' working hours and if you didn't do it for 4 weeks in a row then you would need to stop the WTC.

You say you are not receiving WTC but it will be included in your calculation even if your income is too high to receive it.

IQ

mouk

blondebubbles wrote: »

What will your 14/15 income be?

without o/t my set yearly wage before tax & insurance is around 11K

mouk

blondebubbles wrote: »

As IQ has explained, you cannot average your hours over the year. However if your hours averaged 24 or more over a 4 week period then you could claim.

will i need to submit any wage slips?