Tax credit calculators for new budget 2016/17

lisa1980uk

Please could you calculate my loss for 2016/17


I am a single parent working 20hrs and will earn £8880 this tax year.


No disabilities or childcare costs.

lisa1980uk

Sorry one child age 14.

lisa1980uk

Thanks its a bit less than I thought but cant do much about it.

emmij32

hi im in desperate need of some help i really cant work out how worse off we will be any help is massively appreciated
my husband earns £18000 i get carers allowance of £3100
we have 4 kids
1 gets low rate dla care
1 gets high rate dla care and high rate mobility
all under 16
it costs so much to care for our severly disabled son i only found out about the tax credit cuts today if anyone can help i will be eternally grateful could you please work out how much we will lose ?
thanks so much

emmij32

should add husband works 40 hours a week

emmij32

thankyou you are amazing youve helped so much !

Lessthanthree

I think I've worked it out but I'm hoping I'm wrong...

I'm a single parent working 30 hours a week. I currently earn £10063 per year and receive working tax and child tax with the 30 hours bonus.

What would I receive under the new tax cuts? *crosses fingers she is bad at maths*

flight747

blondebubbles wrote: »

Given the child's age, I'm assuming this person is over 25?

If so pay will be £7.20 ph from April.

25 years old yep

Lessthanthree

Sorry,

I have one child who is 7,
I don't claim for childcare, and no disabilities for either of us.

I am a support assistant in school so our wages are calculated over the year but we only get paid term time. So it looks like less but isn't IYKWIM

Love all the talk about a living wage when we get paid pittance from the government with no wage rises (even for cost of living) for years.

Lessthanthree

I'm not saying it isn't a good thing - it is. Just hoping it makes a difference. It's frustration that makes me say things without thinking.