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Commission Only Work and Tax Credits
BeckieGedge
Posts: 1 Newbie
Hi
I am looking at a commission only based job, I am currently a stay at home mum, my husband works fulltime and we are in receipt of working tax & child tax credits, and I am trying to figure out how this potential new job could affect them, I have tried using the tax credits calculator on HMRCs website, but it asks number of hours I will be contracted to work, but I wont be contracted to work a set number of hours, thats up to me, and as its commission based only, I wont get paid an hourly rate anyway. Can anyone help clarify what I'd put in that question please or if it will affect my tax credits (i'd imagine it will). Thank you.
I am looking at a commission only based job, I am currently a stay at home mum, my husband works fulltime and we are in receipt of working tax & child tax credits, and I am trying to figure out how this potential new job could affect them, I have tried using the tax credits calculator on HMRCs website, but it asks number of hours I will be contracted to work, but I wont be contracted to work a set number of hours, thats up to me, and as its commission based only, I wont get paid an hourly rate anyway. Can anyone help clarify what I'd put in that question please or if it will affect my tax credits (i'd imagine it will). Thank you.
0
Comments
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not sure about the benefits,but i hope its with a well known reputable company as many commission only jobs often prove difficult especially when it comes to being paid0
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It appears you would be self employed and should look at the details of registering if so. In any case put in the average amount of hours you intend doing and the amount you believe this would give in income over the year. The main impact would be the income, you aren't looking to claim childcare costs so the actual hours have little meaning on the claim as you say your husband already works full time (30+ hours).0
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