Advice please

LCBS9898

Hi thanks for replies he's already told me he's giving up work and going traveling so there will be no maintenance payments so i cannot rely on that. I haven't been to a solicitor yet about divorce as I thought I would move out first then see a solicitor in the new year to start the divorce is that not wise to wait on that? I've spoken to my parents who have offered to lend me the bond so that's one relief but I'd like to know how I can find out for definite what income tax support etc I'm going to be entitled to so I can work out budgets etc I've tried that calculator online but I'm not convinced on what it says be cause I have this equity in a house that for the short term I have no access to?

Darksparkle

Tax credits and child benefit isn't affected by savings or capital.

Alice_Holt

As DS says Tax Credits are determined by your earned income in this tax year (estimated) and actual earned income in the previous tax year.
Child Tax Credits are affected by any child care costs.
If you take this info with you when you visit CAB, they may be able to calculate an indicative benefits and income calculation.
If you can get an idea of possible monthly rent charges, they may be able to give an indication of any housing benefit whilst the house is being sold and / or husband remains there.

Darksparkle

Alice_Holt wrote: »

Child Tax Credits are affected by any child care costs..

Although childcare is paid with CTC it is actually an element of WTC. You do not need to have childcare costs to claim CTC.

Alice_Holt

Darksparkle wrote: »

Although childcare is paid with CTC it is actually an element of WTC. You do not need to have childcare costs to claim CTC.

Indeed. But if the OP has childcare costs and would like a benefit check from the CAB then it would help if she took this information with her to the appointment.

I don't think we need to worry the OP overly with the intricacies of the tax credits system.

The important element is, I think, that the separation is permanent in order to claim as a single person. Is there anything you would add to that, from your experience of TC, which the OP needs to know?

LCBS9898

Thanks everyone I will take my payslips and childcare invoices to CAB with me. The seperation is permanent and it's only Xmas being round the corner that were trying to keep things civil for the children in the home and I need to find a new place by January that's what we've agreed

LCBS9898

I've done a calculation on the turn 2 U.S. Website it says with my annual salary of £10600 with childcare costs of approx £300 a month that I'm entitled to approx £1020 a month adding together child tax housing benefit child benefit working tax etc I think that seems too much? Are these online calculators reliable?

Darksparkle

LCBS9898 wrote: »

I've done a calculation on the turn 2 U.S. Website it says with my annual salary of £10600 with childcare costs of approx £300 a month that I'm entitled to approx £1020 a month adding together child tax housing benefit child benefit working tax etc I think that seems too much? Are these online calculators reliable?

They are yes as long as the right info is put in (don't mean that cheeky but it can be easy to tick the wrong box, miss something etc).

Try entitledto and see if you get the same figures.

LCBS9898

Thanks again everyone you've been great really appreciate it

Caroline_a

1 - See a solicitor - find one with the reputation of a Rottweiler!

2 - Don't move out! Your husband is equally responsible for the mortgage.

3 - It sounds like he is intending to use the house equity for his mid life crisis travelling - however a judge will probably give you more equity than him if you have the children - think 60 - 40 if not more.

4 - He sounds a prize if he's happy to go off and leave his children. Don't let him walk over you, you have a lot more rights than he's letting on!