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Tax credit calculators for new budget 2016/17

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Comments

  • Can you help me work out our tax credits for 2016-2017 please , we have 3 children ( 2 in special needs high-schools , 1 in primary school ) my two children that are at a SEN high-school they have dla , 1 middle rate , 1 high rate care . My husband works full time and can earn £26,100.00 per year if there is any over time , this is before tax and NI is deducted , I claim carers allowance £3'229.20 , also for the last 2 years the tax credits people have not been deducting my husbands pension payments , he pays his pension payment after tax & NI and is deducted from his net figure on his wages , I've been trying to explain to them about this and they still seem to think that it's been deducted from his gross wage figure ( before tax & Ni ) . Thankyou for your help in advance .
  • Thankyou xx , that's what I predicted but wasn't sure xx , I've already budgeted for the loss of tax credits , thankyou for your help xx , I will try and contact them again about my husbands pension but the last time I did they were not listening to me , he gets his yearly statement from legal & general and the p60 does not show any deductions in pension payments , he only gets tax relief in his pension and not his wages , it would be so much easier if his works pension was deducted via his gross figure , thankyou for all of your help xx
  • Don't forget to take the gross figure off for tax credit purposes not what he actually personally pays.

    I recently had to send my L&G annual statement off to evidence why the figure i declared for tax credit purposes differed to my P60 figure as they were going to just use my P60 figure. You may need to do the same.
  • Could any one work out my tax credits for next year? Im a single parent working 30 hrs per week yearly income is £11,028.My son receives highest rate of DLA.and i receive pip at the highest rate.

    Many thanks
    Janette x
  • Unfortunately, due to having no child care I can't work longer hours. I work over an hour from home and need to be there before and after school.
  • Could someone please advise on approx tax credit entitlement for 2016. We have 3 children, both working (12 hours and 37.5 hours). Combined salary £26,800. Many thanks :-)
  • Thanks for the quick reply :-)
  • Cka
    Cka Posts: 131 Forumite
    Tried to work out mine for next year... clear as mud.. anyone help?
    I work 16 hrs earn 7300
    Husband works full time earns 22500
    3 kids no child care..
  • hi could someone help me with my figures for next year.i work 21hrs i earn £10300 husband self employed works 40 hrs earns £10500. 3 kids one low rate dla.no childcare. thanks in advance.
  • Hi. Would someone be able to help me work out what tax credits we're likely to get next year as I'm totally confused! We have 4 children and our income for 2015-2016 will be approx £49500 (husband £29.5k and me £20k) and should be the same for 2016-2017. Income for 2014-2015 was £45100. Childcare cost are £120 per week and we have been getting tax credits this year, but thinking we might not be entitled to anything next year.

    I may have the option of a new job, on around £14.5K, so big pay drop but the hours would mean I wouldn't need to use any childcare. I'm thinking it may be worth taking it if we no longer get any help with childcare costs. Many thanks
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