Child Finishing College

pmlindyloo

adewolves wrote: »

Yes I already get that. I used the benefits calculator and it said I would get £53.00 per week working tax credit...now I'm really confused. I suppose it's just a case of waiting for her to actually leave college and sending off the forms....then waiting an eternity for them to come to a decision;)

Were you doing 40 hrs a week for last year? (2014/2105)

What is your gross salary for last year?

If you were working 40 hrs a week on NMW last year then you would not be eligible for tax credits.

What yearly figure did you put in for earnings 2014/15? Did you put in the gross figure (before tax and NI)

You need to do the calculation again on https://www.entitledto.co.uk.

Since your rent is low then I suspect that you would not be eligible for any benefits.

So your options are:

Ask for a pay rise
Find another higher paid job
Take a second job at the weekends/evenings
Take in a lodger

adewolves

Yes you're right I'm not entitled to anything. I've actually applied for an higher paid within the organisation. I work for the YMCA and trust me I'd never get a pay rise I've moaned and moaned previously about the low pay to no avail. I couldn't take in a lodger...it's just not me I like my own space, and I can't get a second job as I work on a 4 on 4 off basis on nights so no week is like the next. Thanks for your help, I appreciate it.

pmlindyloo

We're coming up to, hopefully!, some reasonable weather. Have you tried putting an advert in the local paper for some odd jobs? Gardening for example. You could fit this around your shift patterns.

adewolves

I don't drive so that's difficult. I'm trying to think of something to do online if possible, it can be very quiet at work some nights...can also be hectic but at least I could take advantage of the quiet times...it is a crowded market though.

iceage3

Get a partner ,with two kids

FBaby

I don't understand why you think you'll be £400 worse off. Surely if your daughter does an apprenticeship, she will get money coming in, even if minimal, and that's what will make up the £400 you will be losing, the difference is that it will come from her, as she is now able to work rather than benefits.

It might mean that the first couple of years are a bit tough for her as she will work hard for almost no disposable income, but that should give her the incentive to do well to increase her chances of being offered a good job as soon as possible.

She is an adult now and needs to learn that she can't take for granted that you will support her financially any longer.

Mojisola

adewolves wrote: »

She isn't going to university she's applying for apprentiships but will more than likely move in with her boyfriend and his parents, so I'd more than likely be living on my own.

FBaby wrote: »

I don't understand why you think you'll be £400 worse off. Surely if your daughter does an apprenticeship, she will get money coming in, even if minimal, and that's what will make up the £400 you will be losing, the difference is that it will come from her, as she is now able to work rather than benefits.

Daughter is planning on moving out which is why a lodger seems the best short-term measure.

adewolves

FBaby wrote: »

I don't understand why you think you'll be £400 worse off. Surely if your daughter does an apprenticeship, she will get money coming in, even if minimal, and that's what will make up the £400 you will be losing, the difference is that it will come from her, as she is now able to work rather than benefits.

It might mean that the first couple of years are a bit tough for her as she will work hard for almost no disposable income, but that should give her the incentive to do well to increase her chances of being offered a good job as soon as possible.

She is an adult now and needs to learn that she can't take for granted that you will support her financially any longer.

It's not a case of thinking I will be...as stated she will be moving out, and as I said I'm not complaining I will sort it one way or another. I won't take in a lodger as stated it's not me. I work nights so need my sleep during the day whilst on a shift pattern, so a lodger is a no go anyway.

YORKSHIRELASS

I feel for you, I think a lot of people end up in this situation and just aren't prepared for it. Our son has a disability so we were getting £750 a month tax credits. When he got to 16 he wasnt in education because he wasn't well enough and our tax credits dropped to £20 a month!

We have found the Citizens Advice Bureau to be helpful with benefits advice, although the service is fairly stretched. I dont really have any practical advice but I hope you find a solution.

FBaby

I expect the quickest and easiest way to save money will be to downsize to a one bed place if you are not able to take a lodger.