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!

voluntary Redundancy

Hi, I am about to take voluntary redundancy. My current salary is £35000 & my wife earns £12000. I am completely changing jobs & have managed to find another job but paying a lot less £18,500, so this will mean our combined household income will drop from £47000 to £30500. We have two children age 5 & 12, does anyone know if we would be able to claim any top up working tax or other benefits with the big drop in income? Thanks

Comments

  • SW17
    SW17 Posts: 872 Forumite
    Tenth Anniversary 500 Posts Name Dropper Combo Breaker
    You might be better off posting this on the Benefits and Tax Credits forum, unless you have a query about your redundancy terms and payments. Regulars on that forum are likely to be able to answer your question.
  • Hexagon
    Hexagon Posts: 12 Forumite
    Will do many thanks
  • Try typing your details into https://www.entitledto.co.uk and you will get an indication of what you might be entitled to.
    :jI am an Employment Law Paralegal and an experienced Human Resources Manager and offer my guidance as simply that ... guidance :j
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
  • 351.7K Banking & Borrowing
  • 253.4K Reduce Debt & Boost Income
  • 454K Spending & Discounts
  • 244.7K Work, Benefits & Business
  • 600.1K Mortgages, Homes & Bills
  • 177.3K Life & Family
  • 258.3K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.2K Discuss & Feedback
  • 37.6K 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.