wonder if anyone can help? CTC etc...

[pichi]

ok, so a bit of a background;


I currently work but my contract has been dropped to 12 hours and extra hours are few and far between. It doesn't feel worth my while going in 3 days a week for 4 hours and sorting out childcare etc... I am not benefiting from working at all as the amount I am making is actually under the amount that I'd be entitled to if I wasn't working at all. Don't get me wrong, I WANT to work (more of that later) but I can't help but think that I would be better being at home with my kids and help them grow.


I am in the process of starting up my own business so until it kicks off I won't have an awful lot of income from it so, I do plan on working but initially it will just be my OHs income what I was going to ask was...


how long would it take for CTC to change after leaving a workplace? I know what I am entitled to as I have looked up this, done calculators etc... that is how I know my entitlement is more than my minimum wage.


like I said though, I do want to work but I want it to feel like it is worth the time away from my kids and this doesn't feel like it. I would much rather get my own business on it's feet and be able to be at home for my kids AND work

 

[smileyfaces]

You would need to call up and give an estimated income for the current tax year based on your partners earnings and anything you expect to earn. They will change your award almost immediately based on this. Then you will get a renewal pack between now and June to clarify your actual earnings for the last tax year and that could change your award again.

 

[pichi]

i thought so thanks for clarifying

 

[smileyfaces]

You are welcome

I only know coz I changed mine last week on Monday and it had changed by the Friday when I was due my next payment.