Lower tax credits - From today!

Discussion in 'Baby Club' started by Noodles, Apr 4, 2011.

  1. Noodles

    Noodles Mummy to two boys!

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    I got a letter saying that in March I would be receiving odd payments but the amount that I received was not being changed. However, I am now receiving £100 a month less than I did in March. My payments were already reduced by £100 after my son turned one in December.

    So despite getting tax credits to help with childcare costs and my childcare costs not altering I'm now over £200 a month worse off then what I was when I went back to work in September.
     
  2. bump_wanted

    bump_wanted Ollie's Mummy & Just Preg

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    O a dont even want to think about this! £200 a month would end us... How are you managing? Its awful xx
     
  3. Charlotte-j

    Charlotte-j Mum of 2.

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    I'm £200 pm worse off too :'(
     
  4. suzib76

    suzib76 Well-Known Member

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    whats changed? i havent had a letter from them and am a bit worried as my payment is at the end of the month, would hate to go through the month thinking i had x coming if its not gonna :(
     
  5. RiverSong

    RiverSong Well-Known Member

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    I heard about this. The government wants people working, but is making it hard for us to do so. Im going to struggle and although i want to work, we may be better off if i dont due to childcare costs.
     
  6. kawaiigirl

    kawaiigirl Mummy of 2!

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    That is so unfair. Punishing people for working x
     
  7. caz81

    caz81 Well-Known Member

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    My payments have not changed at all but I have not had any odd extra payments either!
     
  8. Carrie76

    Carrie76 Mummy to Ethan and Isla

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    I had an odd payment of £50 about a month ago and now my payments have gone from £66 per week to £32 per week. Now I'm having to fork out alot more for nursery fees and really out of pocket. I was never warned they would go down :cry:
     
  9. AP

    AP Well-Known Member
    Moderator

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    Is this due to income noodles? Xx
     
  10. sjminimac

    sjminimac Well-Known Member

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    there's no point in calling them either, systems are down till wednesday x
     
  11. pinkie77

    pinkie77 Mum of four!

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    They're dropping the amount they pay towards childcare costs as well as the baby element (which obv doesn't apply to OP). I think it's going from 80% to 70% or something like that?
     
  12. Mumtobe20

    Mumtobe20 Well-Known Member

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    Thats terrible, how do you manage? You have me worried now im due money on tuesday, wonder if I will get the full amount, I hope I do. Is it just cause your back at work or is it happening to everyone? When I got my tax credits sorted out they said they would be reviewing them in april I hope that doesnt mean their going to give me less I can barely manage on what I get nevermind getting less? I know they give you less tax credits when your lo turns 1 but I didnt think it would be much. Hope you get it sorted x
     
  13. bathbabe

    bathbabe Mum to 3 boys

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    They will be reviewed every year, everybodies is x
     
  14. kerrie24

    kerrie24 me,him and 3 lo's

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    Im expecting mine to change,you just cant seem to rely on them,I have a new house hanging in the balance.I know the baby element doesnt exist anymore but if they have taken any more than that I am gonna have to let my perfect house go :cry:
     
  15. lynnikins

    lynnikins Well-Known Member

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    im not looking foward to the drop now that EJ has turned one tbh lol im gonna just hope and cross my fingers,
     
  16. ouchwithNo.2

    ouchwithNo.2 Well-Known Member

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    fook me.
    well, just called them (closed for personalised info, but can question them).
    it is all budget based from last year.
    she said ;
    current threshold is JOINT income of 50k - soon to be LOWERED to 40k JOINT.
    so, if you earn over 40k between you = more than likely NO tax credit element (I will be telling OH to not take a rise!)
    as of april 6th they will only cover 70% of childcare cost, rather than 80% and they are scrapping the baby element which is up to 12mths, £540 ish a year.
    so, the governement wants us to work? (exactly what I said to the woman - we both work but that seems a little unfair - £40k doesn't go far in Surrey!!)
    she said if you call after Wednesday they can give detailed info on your own situation.
     
  17. RayOfLight

    RayOfLight Well-Known Member

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    I am confused by tax credits. I get £23 a week (I think) based on the earnings of 2009/2010 which was under the 50k threshold.

    For the tax year 2010/2011 we will go over that 40k threshold so will they know this automatically or do I need to tell them?

    Can someone explain the 70% 80% childcare cost thing to me? I don't understand. The govt pays 70/80% childcare cost? How come?
     
  18. sjminimac

    sjminimac Well-Known Member

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    does anyone know how much you'd get for a sole income of 31.5k with no childcare costs? Or does it not work like that? I'm confused. Is it a sliding scale so there would be less if joint income was say 39k as opposed to sole of 32k?
     
  19. apaton

    apaton Guest

    sjminimac i get £10 a week on my ohs sole income of round about 32000, now in working we get nothing with no chilcare help , i earn around 300 a month :flower:
     
  20. Aphrodite

    Aphrodite Well-Known Member

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    Im confused too as we were told ours were being reduced to £25 a week but they are still the same, £40 today? :shrug: maybe its at the end of the month?
     

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