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Budget Questions

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Im not sure if this is the correct area to ask but I am TOTALLY confused regarding todays budget. Me and my partner have 4 children ages 17 (doing A levels), 12, 6 and 3. My partner works full time on minimum wage and I am a stay at home mum where I home educate the children. We get his wage supplemented with working tax and child tax credits. What I want to know is, in April 2017 will we only get tax credits for the younger 2 and not the older 2? Also when I can no longer claim for my eldest will I claim for the 12 and 6 year old? :huh:

Comments

  • HappyMJ
    HappyMJ Posts: 21,115 Forumite
    10,000 Posts Combo Breaker
    Existing children not affected. If you want another one have it born before April 2017 and you'll get tax credits for that child too...until child leaves home.
    :footie:
    :p Regular savers earn 6% interest (HSBC, First Direct, M&S) :p Loans cost 2.9% per year (Nationwide) = FREE money. :p
  • Phew thank god for that I was getting a sweat on then thank you x
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