Can someone please confirm!

Alice312

blondebubbles wrote: »

Do you not think with some people though that it's because they don't bother to find out?

I had this discussion with someone the other day who claims tax credits and will be affected and they basically said they have no interest in reading the budget announcements even though it impacts on them.

Well more fool them! I have to plan ahead, if I don't plan ahead I panic and get so anxious.

barbedhook

I will probably lose all my wtc next year claim as a couple £16 k total income but with the increase in the minimum wage will be no better or no worse off

Alice312

barbedhook wrote: »

I will probably lose all my wtc next year claim as a couple £16 k total income but with the increase in the minimum wage will be no better or no worse off

The increase to the minimum wage is useless to me, I'm under 25 for I'll be on £6.70 an hour until I turn 25 at the end of 2017. The Tories seem to think that people under 25 don't have living costs.

giddypenguin

Although I don't condone people who pay no attention to these things, I don't think it's been made clear. I am an educated person with an (abnormal?) interest in politics. I do not understand how tax credits are calculated- after listening to the budget I thought 'I don't have more than 2 children - I'm not affected' but only because I'm on here I've got an idea of how we'll be affected.

We only qualify due to child care costs - loosing this may mean that working my current job is not feasible. I will have to quit and get a minimum wage evening job (to evade childcare- to the detriment of my children's education). In 3 ish years when I can go back to full time work I will struggle to return to my current job - I highly doubt I'll be successful. This will leave me stuck in a dead end job.

A little support with child care now would mean I pay more in tax/student loan repayments over the course of my career... This policy is incredibly short sighted, and potentially makes my degree worthless...

bloolagoon

giddypenguin wrote: »

Although I don't condone people who pay no attention to these things, I don't think it's been made clear. I am an educated person with an (abnormal?) interest in politics. I do not understand how tax credits are calculated- after listening to the budget I thought 'I don't have more than 2 children - I'm not affected' but only because I'm on here I've got an idea of how we'll be affected.

We only qualify due to child care costs - loosing this may mean me working my current job is not feasible. I will have to quit can get a minimum wage evening job (to evade childcare- to the detriment of my children's education) in 3 ish years when I can go back to full time work I will struggle to return to my current job - I highly doubt I'll be successful. This will leave me stuck in a dead end job.

A little support with child care now would mean I pay more in tax/student loan repayments over the course of my career... Incredibly short sighted. Potentially making my degree worthless...

Those with childcare costs will struggle. It's a huge cost. Can you share childcare? I couldn't until my children were at school where I met other mums but it's made a difference knowing we can help each other.

Alice312

When I return to work after mat leave I'm going to have to literally beg to be allowed to just work weekends.
Even though I have 2 small children work in crappy retail bet I get a big fat no!
It's absolute madness that the government think this will do anyone any good

sxcizme3010

I can only work 12 hours due to having no childcare and the ridiculous amount it costs for 2 children. I have to work evenings on my husbands days off and 1 other evening. Its hard at the minute but I know that in a few years time Ill be in a much better position. If I can get back to a 20k salary then I can afford childcare but until that happens Ill just have to work around my husbands hours which means 12/16 hours per week.

giddypenguin

bloolagoon wrote: »

Those with childcare costs will struggle. It's a huge cost. Can you share childcare? I couldn't until my children were at school where I met other mums but it's made a difference knowing we can help each other.

Not at the moment - my husband works for a company who do not understand parenthood at all (recently was asked to specify the dates he would like his paternity leave to start :rotfl:). Absolutely no flex working, and overtime is [STRIKE]mandatory[/STRIKE] heavily encouraged.

My company is a lot more accommodating, but due to the nature of my work, I am very much limited to office hours really, hence why I would have to get an evening job elsewhere. It's so frustrating as I'm on such a good career path (and I really enjoy my job)! But it wouldn't matter if I had kids now, or in 10 years time - once you're out of the loop for a few years it would be very difficult to catch back up.

Grandparents can't help - only other potential option would be to 'buddy up' with a friend and see if we can work opposite shifts, but a lot of my friends either don't work, work full time, or work shifts... Nightmare.