Tax credit calculators for new budget 2016/17

lindsey3uk

Hiya,
Would anyone be able to tell me how this will affect me and my family. I am a single mum and my youngest is 2. I am not working at the moment as I am a full time mum. I am also in receipt of low rate DLA for myself. I receive Ctc and IS HB etc thanks

restless6

I have read that I will lose about £1,600 next year.
I think it will be more as my earnings this year are about £14,000.i am one adult with 2 qualifying kids, one receives higher rate care DLA, low rate mobility.
I work 36 hrs per week and pay £20 per week childcare
Do you know an approx. figure I might get?

waller555

Can anyone help me work out my situation?

I have two children (5 and 6) and I work 20 hours a week on minimum wage...I'm a single mum and panicking a bit like everyone else

Thanks in advance

waller555

I'm 33, turn 34 in September 2016

waller555

Thanks for your reply....is that £8328 what I'd get based on new system with cuts, or based on current system? (I get approx £197 a week under current system/current wage)

I work school hours at present to reduce my reliance on childcare to school holidays (no nearby family help unfortunately it I'd utilise that).... But upping my hours may well be something I need to look at doing next year

waller555

Yes that was what I was asking, as just having a moment ha.... Thanks so much for your reply/help

newbie75_2

Hi was looking for some help im new here ive been following this thread for a while and im also beginning to feel worried for whats to come can someone please help me work out my situation?
my partner works 37hrs a week and his income last year was 21239 pounds we have 2 children aged 8 and 14 no disabilities and i dont work please could someone help, thanks.

newbie75_2

Thank you for your help thats about half of what we get now.

nannytone_2

maybe you could look at getting a part time job, given the ages of your children?

Daddysgirl

Hi Blonde bubbles

Just wondering if you could please clarify for me what I think I already know but just to be sure?! I work 12 hours earning 4500, my husband works 42 earning 21060, we have two children aged 12 and 7. Am I correct in thinking we are set to lose £2500?

Thankyou