Pathetic Tax Credits, Moronic Government

Bill.i.am

Currently I receive Working Tax Credits of around abouts the £208 per month mark as my income for the tax year 2013-2014 was only JSA and two months salary. I have now been in full - time employment (35 Hours Per Weeks) Since February 2014, And I have just discovered that from April 2015 my Working Tax Credits will be dropping down to abouts £20.00 Per Months.

I barely get by as it is, How I am supposed to manage on minimum wage Income having lost £190.00 per month is beyond me. I can see myself getting into a lot More debt.

Rant Over.

tomtontom

Is this the same moronic government that have paid you JSA for two years, and another £200 a month this year? How about you look for a second job, or cut down your outgoings? You claim to spend £10 a week on bus fares to take a two stop journey - that's £40+ you could easily save.

WantToBeSE

Can you do overtime or increase your hours at work?

kingfisherblue

Bill.i.am wrote: »

Currently I receive Working Tax Credits of around abouts the £208 per month mark as my income for the tax year 2013-2014 was only JSA and two months salary. I have now been in full - time employment (35 Hours Per Weeks) Since February 2014, And I have just discovered that from April 2015 my Working Tax Credits will be dropping down to abouts £20.00 Per Months.

I barely get by as it is, How I am supposed to manage on minimum wage Income having lost £190.00 per month is beyond me. I can see myself getting into a lot More debt.

Rant Over.

First, check that the figures are correct. Next, pop over to the debtfree wannabe board. You don't have to post if you don't want to, but just reading some of the threads might offer advice that you hadn't thought about. If you do post, there are several posters who will be helpful and non-judgemental.


Finally, your post implies that you already have debt. Have you tried contacting those whom you owe, to see if you can pay less per month? Or if they can freeze interest? Again, the debtfree wannabe board is the best place to get this type of help on MSE.


Congratulations on getting your job x

Caz3121

Bill.i.am wrote: »

Currently I receive Working Tax Credits of around abouts the £208 per month mark as my income for the tax year 2013-2014 was only JSA and two months salary. I have now been in full - time employment (35 Hours Per Weeks) Since February 2014, And I have just discovered that from April 2015 my Working Tax Credits will be dropping down to abouts £20.00 Per Months.

you can think of it another way. Your tax credits for your current income is £20(?) per month. Because your income last year was so much lower, they give you more to help you out, you can even earn £5k more than last years income figure without incurring an overpayment
Had you been in the same job last year, you would be getting the £20 per month now

Housing_Benefit_Officer

When I first started working in benefits there was no such thing as tax credits. How did people survive back then without their free money.

Weary_soul

I suspect very, very badly.

parryhotter

Housing_Benefit_Officer wrote: »

When I first started working in benefits there was no such thing as tax credits. How did people survive back then without their free money.

You should know this HBO

Family Income Supplement 1971-1986 followed by Family Credit which was then changed to Tax Credits.

NYM

parryhotter wrote: »

You should know this HBO

Family Income Supplement 1971-1986 followed by Family Credit which was then changed to Tax Credits.

Surely not for 25 yr old single men ?

missapril75

Housing_Benefit_Officer wrote: »

When I first started working in benefits there was no such thing as tax credits. How did people survive back then without their free money.

Weary_soul wrote: »

I suspect very, very badly.

parryhotter wrote: »

Family Income Supplement 1971-1986 followed by Family Credit which was then changed to Tax Credits.

NYM wrote: »

Surely not for 25 yr old single men ?

Not for quite a few people. Also, Supplementary Benefit was once available to people if their income was low enough regardless of how many hours worked, so it was effectively the same thing.

I suspect the real answer to HBO's question is a combination of the benefits system once being designed to pay extra benefits where people really did have extra expenses (rather than simply paying a premium whether or not there was an extra expense); more affordable rents/mortgages and proper jobs with proper wage rates.

BJV

Housing_Benefit_Officer wrote: »

When I first started working in benefits there was no such thing as tax credits. How did people survive back then without their free money.

It must have been hard? Bet some of the poor dears had to wait to get the new phone?


Sorry OP but really ???? Most of us struggle to get by. You have a job that is good. The only way is up and work hard things will get better.