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Tax credits - new cut off points
northerntwo1
Posts: 1,465 Forumite
I *think* I've got my head around the changes and how to calculate the 48% but wondered for ease what the new cut off points were. When parents ask me it is very good to be able to say £26,000 for 1 child or entitlement to WTC is this value. I understand childcare and disabilities alter but if anyone knows the basics for WTC, 1 - 3 children it would be most appreciated as I can let colleagues know. We can not give out true figures but can at least prepare knowing the cut off rate.
0
Comments
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blondebubbles wrote: »If working at least 30hrs, no childcare or disabilities:
1 child - £21,000
2 children - £26,500
3 children - £32,000
Many thanks blondebubbles0 -
blondebubbles wrote: »If working at least 30hrs, no childcare or disabilities:
1 child - £21,000
2 children - £26,500
3 children - £32,000
So glad we have you!
Can't believe how big the drop is, the Tories definitely aren't messing around.0
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