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Tax credits when living abroad
Comments
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Also I'm sure you know it won't be long before UC rolls out at which point you won't be entitled any longer due to your rented property.0
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If you really work in the UK, then I don't see the issue with you claiming tax credits wherever you live. I just find it a very sad choice of life. I personally would much prefer to look for work in the country I live in and see my children every day.
Ha ha our son is 19 and in full time education (college in spain). Do you really think he wants his parents to moddle coddle him every day??!! Really, everyone who has posted, get a life. I am not a scrounger, never have been, never will be. I am just getting what I am entitled to, as I'm sure many others are on this forum.0 -
Basically this post was to make people aware of what benefits are available especially those living in EU countries, and all I have had is a barrage of abuse about how I I am 'abusing the system' which, I clearly am not. Pay into it and you will get it. If not, you won't. Fair enough. End of discussion.0
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I think it means that the value of your rental property will be taken into account when assessing UC.0
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How are you driving a Spanish registered car fully insured on UK roads? Thought if a foreign plate car was here for over a certain period it had to be registered? That's what happened when I bought my car to the UK. I had to legally register it as a UK plate within a deadline. My insurance in home country only allowed me to drive overseas for 30 days maximum per year. Do you pay UK road tax?
ETA: maximum period is 6 months in any 12 month period. https://www.gov.uk/government/news/government-crackdown-on-illegal-foreign-registered-vehicles0 -
Basically this post was to make people aware of what benefits are available especially those living in EU countries
Except that most people wouldn't want to live in one country and work in another and if they do, it would be to earn a good income. So your son is 19, so really only one more year to claim. All that fight for a few ££ a month for only a couple of years, I personally don't see the point. Will you continue to work in the UK when you are not elligible for child tax credits and CB any longer?
In the future, this won't be possible any way as capital of a second home will be taken into account, so people in your position won't be able to claim. You just happen to be able to have benefited before the gov realised that too many people took advantage of that loophole and changed the rules.0 -
This is the reason the whole benefits system needs reformed.
Also it will be very interesting to see the result of the EU referendum and the ramifications that brings.
It is people like the OP that has made hard working people so bitter.0 -
And what has that to do with anything?? Please expand
Tax credits get completely scrapped under UC. UC the same approach to capital that means tested benefits like Income Support and Housing benefit now have. Currently tax credits are based on income but UC will count all capital.
If your current rental property has equity greater than 6k, then if/when UC is bought in, your UC will start to reduce. If the capital is 16k or more, you won't receive a penny in UC (in the same way that someone seeking Income Support may have their claim turned down now if they were renting out a property).
There is some kind of transition period for existing claims before the rules around UC kick in for a claimant. Perhaps another poster can explain this.
UC is acknowledged to plug the weaknesses in the current tax credit system where people with great means and low income (like landlords) receive benefits. It also tackles issues around self-employment, those with businesses that aren't viable and where the business owner artificially depresses their income by retaining their profit in the business bank account.
I believe there are separate proposals that the current govt are seeking to prevent UK benefits from being exported abroad but I don't know the full details other than one of the things being looked at is stopping child benefit being paid to children who live outside the UK.0 -
This is the reason the whole benefits system needs reformed.
Also it will be very interesting to see the result of the EU referendum and the ramifications that brings.
It is people like the OP that has made hard working people so bitter.
agreed! mockery of the whole system!Plan: [STRIKE]Finish off paying the remainder of my debts[/STRIKE].
[STRIKE]Save up for that rainy day[/STRIKE].
Start enjoying a stress debt free life..:beer:...now enjoying. thanks to all on MSE0
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