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Anyone feel like working out my entitlement??

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Comments

  • SuziQ
    SuziQ Posts: 3,042 Forumite
    Blimey I wish I had ever had £66k yearly income when DH and I were both working full time-we at one point had an income of £36,000 between us and din't qualify for any child care element at all (this was about 4 years ago,so perhaps it's changed since then?)
    Tomorrow is always fresh, with no mistakes in it!
  • Loopy_Girl
    Loopy_Girl Posts: 4,444 Forumite
    I hope you get some help Suzi :)

    I'm very grateful for the tax credit system and, as a lone parent, they have allowed me to go out and work which I think it great and whenever I have had to call them I have found them very helpful and friendly. :)
  • mitchaa
    mitchaa Posts: 4,487 Forumite
    SuziQ wrote: »
    Blimey I wish I had ever had £66k yearly income when DH and I were both working full time-we at one point had an income of £36,000 between us and din't qualify for any child care element at all (this was about 4 years ago,so perhaps it's changed since then?)

    Not much no, i will not receive any help with childcare costs at £66k earnings. Have to fund it myself, although i should hopefully only have the child in care 4 days max, 3 days normally, and my wife and I's employers both do the childcare voucher scheme so that offsets against tax.

    A £36k salary today 'may' give you some childcare costs back depending on how much you spend on childcare per week.

    If it was £100pw, you probably wouldn't get anything.
    If it was £200pw, you would probably get a little something.

    Like i said in my 1st post, it all depends on what level of expenditure per week you spend on childcare as to how much benefit you'll receive.
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