Tax credit calculators for new budget 2016/17

nextyeartina · 15 September 2015 at 3:00PM

I would have thought so

x

cifpower · 15 September 2015 at 4:07PM

blondebubbles wrote: »

I'm only going on passed years, gov haven't released a calculator before the year starts.

I read yesterday that letters will be sent out in December informing claimants what their award will be from April.

cifpower · 15 September 2015 at 4:21PM

blondebubbles wrote: »

Cool. Where did you read that?

It was a Times journalist on Twitter; and now I can't find the link. He said "just in time for Xmas too"

keithing-ger · 15 September 2015 at 5:04PM

Hi,
Can you give me a rough indication too please? You should start charging for this!

Married
4 kids

2014/2015 income totals £12,534. One works 16 hours, the other 8 hours.

Currently get £1,468 WTC and £11,672 CTC.

Thanks

nextyeartina · 15 September 2015 at 5:12PM

What timing!! x

keithing-ger · 15 September 2015 at 5:22PM

It will be £15,000 total.
Thanks

keithing-ger · 15 September 2015 at 5:33PM

£3,000 drop?

nannytone_2 · 15 September 2015 at 5:38PM

you and your partner are both working the bare minimum.
you could increase your household income by increasing your hours

keithing-ger · 15 September 2015 at 5:41PM

No we cant, but thanks for trying to help.

NYM · 15 September 2015 at 5:46PM

It's not as bad as it sounds. Your increased income of approx £2500 will help to offset the 'loss' of approx £2860 in Tax Credits.

Tax credit calculators for new budget 2016/17

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