I feel as though there's no point in working :(

[tinkerbelle93]

Just a bit of a pointless whining thread really but I'm really down about money.

My OH earns just above the cut-off for claiming any kind of tax credits so we get zero but he achieves his income by doing loads of over-time so he works 6 days 8am-6:30pm per week, and we have one single day together as a family.

I'm just a bit gutted by the amount of friends we have with children and one of them just works part-time and they end up with not that much less each month than us due to tax credits.

I'm doing an Open Uni degree because I really want to be a teacher. But this is not recognised by the govenment either so I don't get any help with childcare to help me study (which is intense) so it's such a struggle to do my degree with a toddler, since my OH is always working and not available to help. Just seems as though we really lose out at the moment.

 

[Snow Owl]

Tax credits confuse me. The online calculator said we should get £200 a month but we only get £50 a month??

How does that work? What are the cut offs?

 

[tinkerbelle93]

Which online calculator do you use?

The cut-offs are different depending on how many hours are worked, how many children you have, whether you pay for nursery etc.

Have found out we will be entitled again to a teeny bit when we have another baby which has cheered me up because we were thinking we wouldn't be able to have anymore due to money xx