Wtc and ctc estimate

scousedave

Can anyone please tell me roughly what a single parent on 24,500k with 2 children would get in wtc and ctc please?
Thank you

Caz3121

need income from 15/16 and 16/17 to calculate
this may help https://www.gov.uk/government/publications/tax-credits-entitlement-table-working-at-least-16-hours-and-no-childcare/tax-credits-entitlement-table-working-at-least-16-hours-and-no-childcare

Darksparkle

Assumptions made - income the same for both years, working 30+hrs and no childcare or disabilities - £67 per week.

scousedave

15k for previous years...due to start new job 24.5 k annually. Single parent with 2 young children
Thank you

NLW

Do it yourself http://www.entitledto.co.uk/

Darksparkle

scousedave wrote: »

15k for previous years...due to start new job 24.5 k annually. Single parent with 2 young children
Thank you

You'd need to provide an estimate of this tax year's income of changing income during the year.

pcman1985

Assuming 15K last year and 24.5k this year due to the income rise disregard of 2.5K, entitlement will be based on income of 22K.
Assuming no childcare costs either, you should get payments of about £85 a week.

Darksparkle

pcman1985 wrote: »

Assuming 15K last year and 24.5k this year due to the income rise disregard of 2.5K, entitlement will be based on income of 22K.
Assuming no childcare costs either, you should get payments of about £85 a week.

The OP said due to start a new job so income wouldn't be £24,500 for the full tax year.

scousedave

Thank you for all your replies.
I have earned 6k so far this year and due to start new job Monday 24.5k annually.
Thank you

Brighty

scousedave wrote: »

Thank you for all your replies.
I have earned 6k so far this year and due to start new job Monday 24.5k annually.
Thank you

£6k in the last 3 months? or do you mean since Jan?

Darksparkle

scousedave wrote: »

Thank you for all your replies.
I have earned 6k so far this year and due to start new job Monday 24.5k annually.
Thank you

The tax year is 6th April 2016 to 5th April 2017 so how much do you expect to earn in that period

That's what you'll need to tell tax credits.