Will I lose Some or All of My Tax Credits
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michelle99
Posts: 1 Newbie
I am first time poster so I am sorry if I am posting in the wrong place.
My husband earns around £30,000 a year and I am currently not working. We have one child 7, one child 4 and one child 2, so we get around £70 a week in Tax Credits.
I have been offered a job which is 11 hours per week and around £280 per month.
Before I take the job I need to know if I will lose any or all of the £70 per week Tax credits and I can't seem to find an answer from the .gov websites. I have also tried asking the question directly and it seems to be a secret as the Tax Credit people wont or can't answer the question either.
Basically, I don't want to find I am earning £70 per week but then having £70 taken off me, or even worse, end up paying it back next year!
Please help .
Thanks
My husband earns around £30,000 a year and I am currently not working. We have one child 7, one child 4 and one child 2, so we get around £70 a week in Tax Credits.
I have been offered a job which is 11 hours per week and around £280 per month.
Before I take the job I need to know if I will lose any or all of the £70 per week Tax credits and I can't seem to find an answer from the .gov websites. I have also tried asking the question directly and it seems to be a secret as the Tax Credit people wont or can't answer the question either.
Basically, I don't want to find I am earning £70 per week but then having £70 taken off me, or even worse, end up paying it back next year!
Please help .
Thanks
0
Comments
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michelle99 wrote: »I am first time poster so I am sorry if I am posting in the wrong place.
My husband earns around £30,000 a year and I am currently not working. We have one child 7, one child 4 and one child 2, so we get around £70 a week in Tax Credits.
I have been offered a job which is 11 hours per week and around £280 per month.
Before I take the job I need to know if I will lose any or all of the £70 per week Tax credits and I can't seem to find an answer from the .gov websites. I have also tried asking the question directly and it seems to be a secret as the Tax Credit people wont or can't answer the question either.
Basically, I don't want to find I am earning £70 per week but then having £70 taken off me, or even worse, end up paying it back next year!
Please help .
Thanks0 -
Are you under 25? 11hrs per week for £280 per month would be £5.87 per hour. NMW is £7.50 if over 25 (£7.05 if 21-24).0
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