We’d like to remind Forumites to please avoid political debate on the Forum.

This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide

Tax credits are annoying me now

Renewed over the phone 5/6/2014 - still nothing!!! They said 4th August is the 8 week limit but I have a feeling that theyre going to tell me its still not done. This is so so frustrating!!! Theyve confirmed that theres nothing wrong with the figures its just 'waiting'. I need the finalisation for student finance so I can get the right amount. Wht if its not done by 4th?? What happens then??

People who have renewed after me had it done within a week. ARGH

Comments

  • Cyberman60
    Cyberman60 Posts: 2,472 Forumite
    Hung up my suit!
    Tax credits annoy me too because it's about time they abolished them in order to help reduce to 120 Billion pound annual deficit and to stop part-time employed such as the family of 17 romanians getting 55K a year in total benefits. There is no cap for workers on benefits, only on unemployed, which staggers me !!!!
  • slowpoke22
    slowpoke22 Posts: 22 Forumite
    Yep, except my husband on minimum wage working 60hours a week and barely pullng in just over a grand a month, me on maternity leave - tax credits are a HUGE help. Minimum wage jobs arent the easiest but he's working his backside off. The tax credits greatly supplement, as we're not entitled to any help with housing or anything, and we're not scroungers. So therefore its upsetting when things like this renewal crap takes an age and its stressful as hell!
  • tomtontom
    tomtontom Posts: 7,929 Forumite
    slowpoke22 wrote: »
    Yep, except my husband on minimum wage working 60hours a week and barely pullng in just over a grand a month, me on maternity leave - tax credits are a HUGE help. Minimum wage jobs arent the easiest but he's working his backside off. The tax credits greatly supplement, as we're not entitled to any help with housing or anything, and we're not scroungers. So therefore its upsetting when things like this renewal crap takes an age and its stressful as hell!
    slowpoke22 wrote: »
    Hey thank you!

    We anticipate this year to be £7k
    Joint claim (he works I dont)
    30 hours a week
    1 child under 2
    no childcare
    no disabilities x

    The figures given in the first post indicate an income of £19,500 a year, roughly £1,350 per month after deductions. You need to verify that tax credits have the right information - the discrepancy between the two (or the £9K also quoted) is quite significant!
  • Cyberman60
    Cyberman60 Posts: 2,472 Forumite
    Hung up my suit!
    Yes, I'm sure they are very useful to everybody that gets them but the UK is spending 300 million pounds a day more than it gets in taxes. That is unsustainable and correspondingly so are tax credits for part-time workers and unemployed. Tax credits disincentivise full time work IMO.
  • slowpoke22
    slowpoke22 Posts: 22 Forumite
    @cyberman

    if companies paid more than a minimum for carers then there wouldnt be a need
  • slowpoke22
    slowpoke22 Posts: 22 Forumite
    tomtontom wrote: »
    The figures given in the first post indicate an income of £19,500 a year, roughly £1,350 per month after deductions. You need to verify that tax credits have the right information - the discrepancy between the two (or the £9K also quoted) is quite significant!

    yeah his contract is 0 hours, so 60 hours is from pulling as much overtime and extras as he can get his hands on. not every week is the same x
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 354.5K Banking & Borrowing
  • 254.4K Reduce Debt & Boost Income
  • 455.4K Spending & Discounts
  • 247.4K Work, Benefits & Business
  • 604.2K Mortgages, Homes & Bills
  • 178.5K Life & Family
  • 261.7K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16K Discuss & Feedback
  • 37.7K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.