Childcare Tax Credits for Student

danjourno

Hi,

Up till now, i've been working full time and my wife has been working the minimum required in order to claim tax credits and the childcare element of tax credits.

Now she is starting a full time adult nursing degree so our daughter is going to have to be in full time child care.

The NHS will pay for childcare up to 80% depending on the household income, similar to how tax credits pays childcare.

However, I'm about to renew my mortgage and a couple of banks have already said that they take tax credits into account when they check affordability. So I don't really want to switch over to claim child care from the NHS if tax credits will pay towards the full time care.

The question is, if my wife continues to work part time during her uni course, can I still claim the full time childcare from tax credits?

Thanks
Dan

Caz3121

as long as you are both working a minimum of 16 hours per week then that should be fine. I thought the nursing degree was pretty full on, will your wife be able to work 16 hours a week on top of that?

FBaby

Are you sure those banks take working tax credits into consideration in addition to just child tax credits?

Caz3121

danjourno wrote: »

The NHS will pay for childcare up to 80% depending on the household income, similar to how tax credits pays childcare.

However, I'm about to renew my mortgage and a couple of banks have already said that they take tax credits into account when they check affordability. So I don't really want to switch over to claim child care from the NHS if tax credits will pay towards the full time care.

The affordability checks will also consider the cost of the childcare so not sure it makes any difference where you get the childcare help, the "additional income" will be wiped out by the childcare costs

Indie_Kid

Caz3121 wrote: »

as long as you are both working a minimum of 16 hours per week then that should be fine. I thought the nursing degree was pretty full on, will your wife be able to work 16 hours a week on top of that?

I've been told that a nursing degree is around the same amount of hours per week as full time work. And then there's self study on top too.

You can't claim childcare from NHS and tax credits. It's either or.

Icequeen99

The hours that she works as part of her degree will not count as remunerative work for tax credits. So it would have to be 16 hours on top of that, and from friends who have done the same course it might be a struggle.

IQ