Working tax credit living with parents

A_Nice_Englishman

LilElvis wrote: »

My thought was that the 35 hours per week included unpaid lunch breaks. 32.5 hours at NMW would give an annual salary in line with what the OP said in post #1 - just over £13k.

Either way I can't see them receiving enough to save for a house deposit.

... and WTC of just over a fiver a week.

LilElvis

A_Nice_Englishman wrote: »

... and WTC of just over a fiver a week.

Every little helps!

Darksparkle

LilElvis wrote: »

My thought was that the 35 hours per week included unpaid lunch breaks. 32.5 hours at NMW would give an annual salary in line with what the OP said in post #1 - just over £13k.

Either way I can't see them receiving enough to save for a house deposit.

If so they should be aware that only paid hours are included. Otherwise they'll ask the same question.

parkrunner

I thought half term was a couple of weeks ago.

Sncjw

You say you struggle to save and live. How are you going to cope with moving out. You can!!!8217;t use well my partner will have money coming in because I assume your mother is working and she has money coming in.

If your struggling to save how will you pay for the mortgage, food, bills, supplies for house, repairs.think you needs to have w look at your finances at home first before moving out

A_Nice_Englishman

Sncjw wrote: »

You say you struggle to save and live. How are you going to cope with moving out. You can!!!8217;t use well my partner will have money coming in because I assume your mother is working and she has money coming in.

If your struggling to save how will you pay for the mortgage, food, bills, supplies for house, repairs.think you needs to have w look at your finances at home first before moving out

I don't know if the OP is still here, but for the benefit of anyone else in a similar situation reading the thread:

Work out what your outgoings will be once you're in your own place, deduct what you pay your Mum and save that amount every month. No dipping into savings whatsoever.

If you can't live on what's left over you can't afford to move out.

GothicStirling

Update from what I mentioned before. My sister earnt just over 13k in the last tax year and has received an award of £0, and owes WTC £500. Thankfully, they are going to reclaim this money from an future award, as her hours have been cut this won't be until April 2019. For now she's looking for better paid work, so that she won't need WTC at that point, and repay out of her wages. So, I expect the OP is in for disappointment.