Childcare and Tax credits.

[// arcadia]

Hello,

So im a little confused

here are the stats.

Me,

24 hour week £8698 per year before tax

OH,

40 hour week £22500 per year before tax

Childcare is looking to be around £106 week (averaged over the year)

When I put a these figures in entitled too website it says

Working tax credit £0

Child tax credit £83 per week.

So does that mean i am receiving help for the childcare (thats what im assuming) ill use that £83 and top it up to £106 with our wage.

I keep reading though that Childcare element is part of the Working tax credit part .. but thats £0

Im really confused.

Any ideas? Like im happy for the £83 per week to me thats perfect but im worried it could be taken away if they make any changes as its a CTC not a WTC

xx

 

[// arcadia]

anyone??

 

[Abz1982]

I think thats what it means. I just got my letter through for adding on child care (it has lots of mistakes though!) but it has the childcare costs under the childcare element of working tax credits.

 

[DJJ]

We get ctc even tho only one of us works so there is no held care costs so i done know if child care comes ctc.