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The affects of overtime on benefits?

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  • annandale
    annandale Posts: 1,451 Forumite
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    Even 40 hours a week at 7.50 an hour would give an annual salary of 14400 gross. I'd be surprised if you would qualify for wtc on that salary.

    If your hours have recently gone up then you need to inform tax credits or you'll be looking at an overpayment..

    How do you get housing benefit on a full time salary?

    You are saying that you'd need to earn another 200 pounds a week to get free of benefits?

    So you'd need to be earning around 25 grand a year to come off housing benefit and working tax credits?
  • n1guy
    n1guy Posts: 701 Forumite
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    WTC is £5 pw CTC is roughly £170 pw, HB is £30 pw. This is for a couple btw
  • annandale
    annandale Posts: 1,451 Forumite
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    Your HB wouldn't drop by the same amount next week, they would generally ask for 5 payslips to average your housing benefit out
  • n1guy
    n1guy Posts: 701 Forumite
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    annandale wrote: »
    Your HB wouldn't drop by the same amount next week, they would generally ask for 5 payslips to average your housing benefit out

    It did when I got a payrise of £12 PW about a month ago now, the next week it was taken of housing benefit, Tax credit wasn't really affected. Even better was I phoned housing benefit to notify them of my payrise, they already knew.
  • sheramber
    sheramber Posts: 22,625 Forumite
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    n1guy wrote: »
    It did when I got a payrise of £12 PW about a month ago now, the next week it was taken of housing benefit, Tax credit wasn't really affected. Even better was I phoned housing benefit to notify them of my payrise, they already knew.

    Was that perhaps because of the underpayment of housing benefit you are paying back?
  • n1guy
    n1guy Posts: 701 Forumite
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    sheramber wrote: »
    Was that perhaps because of the underpayment of housing benefit you are paying back?

    Nope, that notice came the week after that.
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