Tax credit calculators for new budget 2016/17

Icequeen99

blondebubbles wrote: »

All those calculations for nothing!

They should have at least mentioned that in the debate!

IQ

wishies_x

Thank you for all your help though & I'm sure everyone else you helped feels the same, it's such a minefield! Thanks again xx

pfpf

so was the MW increase to £7.20ph in April linked to this same bill?

so does that mean TC claimants get to keep the TC and get a pay rise?

we claim no benefits but my OH was looking forward to her MW increase.

NYM

blondebubbles wrote: »

All those calculations for nothing!

Not for nothing! Just think of all those people you helped on here x

You're 'redundant' now though...:rotfl:

Tigsteroonie

Huge thanks to blondebubbles for all her help during the last months of uncertainty

Please don't go - I suspect we'll need you again in a few weeks' time

bloolagoon

Tigsteroonie wrote: »

Huge thanks to blondebubbles for all her help during the last months of uncertainty

Please don't go - I suspect we'll need you again in a few weeks' time

She and others have been amazing!

NYM

pfpf wrote: »

so was the MW increase to £7.20ph in April linked to this same bill?

so does that mean TC claimants get to keep the TC and get a pay rise?

we claim no benefits but my OH was looking forward to her MW increase.

That's a good question!...:think:

Where will they now find the money for the additional £910 p/a increase in earnings (for a full-time worker on the current NMW)

Icequeen99

NYM wrote: »

That's a good question!...:think:

Where will they now find the money for the additional £910 p/a increase in earnings (for a full-time worker on the current NMW)

The NMW living premium was not in this legislation. This wasn't a bill just a tax credit statutory instrument that appears every year.

IQ

andrewmp

NYM wrote: »

That's a good question!...:think:

Where will they now find the money for the additional £910 p/a increase in earnings (for a full-time worker on the current NMW)

The emplyer will pay the extra and tax credits will reduce as a result still but at the old 41% taper rate.

NYM

andrewmp wrote: »

The emplyer will pay the extra and tax credits will reduce as a result still but at the old 41% taper rate.

Ignore me.... I was having a 'blonde' moment....