Home
Momtastic
Site Map
Help
Register
Log In
 

Go Back   BabyandBump > Baby Forums > Baby Club


Reply
 
LinkBack Thread Tools
Old Apr 5th, 2012, 08:09 AM   #1
Loubpop
Mum (Mom)
Active BnB Member
 
Join Date: Mar 2011
Location: UK
Posts: 510

Child tax credits vs child benefit....same thing??


I'm confused are they the same?


 
Status: Offline
 
Old Apr 5th, 2012, 08:11 AM   #2
gingerwhinger
Mum (Mom)
Active BnB Member
 
 
Join Date: Jan 2010
Posts: 868
No - child benefit used to be the universal benefit everyone with children got. I think it is about 20 a week for the first child then 13 a week for any more children. It is going to be fazed out if you earn 50-60k a year and taken away altogether if you earn over 60k.

Tax credits are worked out on what you earn, I have no idea how much you got compared to what you earn all I know is we get diddly squat! x


 
Status: Offline
 
Old Apr 5th, 2012, 08:26 AM   #3
gingajewel
Mum (Mom)
Chat Happy BnB Member
 
 
Join Date: Sep 2009
Location: Wolverhampton
Posts: 1,449
Tax benefit is something anyone who has a child and is earning under 50k a year gets. It is £81.00ish a month.

Child tax credits is based on earnings and childcare and not everyone gets this - you ahve to jointly be earning under £26k to qualify for this.

HTH's Xx


 
Status: Offline
 
Old Apr 5th, 2012, 09:24 AM   #4
Loubpop
Mum (Mom)
Active BnB Member
 
Join Date: Mar 2011
Location: UK
Posts: 510
Thanks for that! We only get child benefit, not entitled to anything else and I was worried that would stop too!!


 
Status: Offline
 
Old Apr 6th, 2012, 08:40 AM   #5
Cutieboy
Mum (Mom)
Active BnB Member
 
 
Join Date: Oct 2011
Location: UK
Posts: 240
Does anyone know when child benefit is going to stop for those earning over 60k?


 
Status: Offline
 
Old Apr 6th, 2012, 08:55 AM   #6
summer rain
Mum (Mom)
BnB Elite
 
 
Join Date: May 2010
Location: South East England
Posts: 16,314
Child tax credits depend on how many kids you have, if you have only have 1 child then the cut off is 26k however with every child the allowance goes up by a few thousand xx


 
Status: Offline
 
Reply

  BabyandBump > Baby Forums > Baby Club


Bookmarks

Tags
benefit same, child, credits, tax, thing

Thread Tools






SEO by vBSEO