Any Scottish April 2013 babies out there??

[bbymc]

It's still saying I get nowt. Maybe that's cos in my work I get 14 weeks full pay before my income drops to just SMP for the remaining 29 weeks.

I wish we could afford a holiday abroad. I want some sunshine!

 

[lj2245]

Conversation with Claire:

ME- need tax credit advice for a pal if youre free. she lives with her boyfriend and they both work full time. She had her first baby in April. She has never claimed tax credits before. He earns 19k a year and she is on maternity pay. She should be entitled to something yeah?
the calculator says she isnt but if I am when stephen earns 25k then so must she

Claire - If you have one kid and an annual income of more than 26 grand then no, not including childcare and disabilities. There's a £2500 income disregard for a decrease in income. The threshold is like £32200 for 2 kids

Me - maternity pay counts as income?

Claire - SMP does but you can disregard the first £100 a week




I don't understand a word of that! Confusing as hell!

 

[Kaybee]

Emma did you try the entitled to calculator? It asks you for last years figures and this years estimates and the number of weeks smp get and does it all for you.

Work out what you will be paid for this year add 2500 to it and then deduct 100 per week for the number of weeks you are getting smp. The max is 39 weeks so your max deduction will be 3900 although if you started your mat leave in the 12-13 tax year this will be less. This is the figure they will base your entitlement on plus ryans income. If this is more then 26k then you probably wont get anything you would still get child benefit though.

 

[Kaybee]

Ive been trying to work out what i will get if i reduce my hours from 31 a week to 20 a week when i go back to see if i can afford that but i just cant get my head around it

 

[bbymc]

Lol. This is sooo confusing. I'm away to try and figure it out lol x

 

[lj2245]

My sister has been trying to explain it all to me because I think my money will drop when I post my renewal and my head is about to explode.

 

[bbymc]

Looks like for 2013-2014 we will be just over 26k. Bugger!!

If I wasn't working but Ryan is, can you claim it?

 

[lj2245]

Yes. Put that into the calculator and see what you'd be entitled to.

 

[Kaybee]

My head is spinning with it all but I really need to figure it out to see if i can afford to stay off til dec and if my work will agree to it. Think you need to give 8 weeks notice if you want to change your return date and i had said i would go back in sep so should really contact them this week i think

 

[lj2245]

Does Dave work full time?

 

[bbymc]

Just over 2k. Not bad really x

 

[lj2245]

Sent you PM on FB Karen, my sister is a Tax Credits geek and can work out entitlement manually off the top of her head

 

[lj2245]

Lol she just said:

You should just get all your mates round with their award notices and we can have a tax credit advising party

 

[Kaybee]

Dave does 8 hours a week.

Ok will check FB.

 

[bbymc]

Lol. Not the most exciting of parties. But this stuff is soooo hard to get your head round lol. It would be helpful lol

I feel like I'm obsessed with working out finances just now lol. I'll do anything to find a way to afford to be at home as much as possible.

 

[lj2245]

I have a spreadsheet saved to my laptop with about 20 different scenarios on it! The best is both of us working full time

 

[bbymc]

Hahaha!! I have a spreadsheet like that too. We are the same, but I'd rather be skint and at home as much as possible than have a bit spare cash and Lewis in ft at nursery. Making these decisions is HARD!!

 

[Kaybee]

Sent you a PM on FB.

Can you pass on my sincerest thanks as this has had me so confused and i dont want to say to work hahaha im not coming back until dec and then have to go back sooner.

Tax credit party....not sure they will take off

I am totally obsessed just now as well. Was trying to find an app to use for budgeting but my broadband kept going off yesterday when i was looking will try again tomorrow.

 

[lj2245]

Asked you some more Q's on FB

 

[lj2245]

I think a TC party could be a roaring success..the drunker you get the more it makes sense!