have tax credits gone up?

vicki_b

sorry if you're getting very similar enquiries but here goes..this week after paying £72.00 rent(after £5 increase)+£100 council tax(5% increase)+ pretty crappy food shop= paying all the usual bills,we have the grand total of £30 left for a 5 person family!..after the income tax increase a couple of weeks ago we are now paying an extra £12 per month tax..it seems like everything has gone up...i renewed our CTC/WTC on thursday

does anyone know if the rates have gone up?my partners salary is £11,300,he works 40hours+we have 3 kids all over 1+i do not pay for childcare

ive entered our details into entitledto but even the woman i rang from the tax credits hotline said their figures cannot be trusted....

vicki_b

can anyone help?

woozywendy

Have you tried their own site for tax credits under the do I qualify? I have done entitled to and the tax credit site and both sites come back with the same amount. According to the calculations our credits are going up by about £20 a week, I have 2 children.

Conor_3

Yes tax credits have gone up. If the £30 a week "excess" cash isn't enough there's a simple answer...get a job that pays more or do some overtime. Another way is for you to find something you can do from home. Sell a few odds and sods you no longer need or old kids clothes on Ebay.

180

Hi.. if you are a low income..you should also try to claiming HB and CT benefit..unless the dear old council say you earn too much..

bestpud

We're all pretty much in the same boat at the moment, whether claiming tax credits or not. Prices are rising considerably.

My oh does that very depressing calculation every year! He takes his payrise and then the bill increases and the latter always outweigh the former!

This year, I think it is worse for most people tbh.

Your only option is to increase your income or reduce your outgoings.

Have you checked your entitlement to HB and CTB though as your oh's income is pretty low? It will be a problem if he ever does overtime though as rises kick in straight away for those benefits - more trouble than it is worth if he does, imo.

Conor_3

bestpud wrote: »

We're all pretty much in the same boat at the moment, whether claiming tax credits or not. Prices are rising considerably.

My oh does that very depressing calculation every year! He takes his payrise and then the bill increases and the latter always outweigh the former!

This year, I think it is worse for most people tbh.

I do a "Household Expenses" spreadsheet which I do on a monthly basis. I found an old one on a memory stick from last August. It now costs us £200 a month more than it did 9 months ago and our income hasn't gone up anywhere near £200. In fact, because I do agency work and it's dead, it's dropped significantly.

bestpud

Conor wrote: »

I do a "Household Expenses" spreadsheet which I do on a monthly basis. I found an old one on a memory stick from last August. It now costs us £200 a month more than it did 9 months ago and our income hasn't gone up anywhere near £200. In fact, because I do agency work and it's dead, it's dropped significantly.

Depressing ain't it? I hate it even thinking about it tbh!

spanner82

lol I found an old newpaper (4 years old) and the house prices! wow, we'd be so rich if we could have bought back then.

Tax credits have increased so if you are on a low income (as you are) then they should cover any big increases.