Posted: Thu Jan 10, 2013 8:35 am
Post subject: My mind boggles
I am really confused by the tax credits.
When my childminder put her fees up, and my childcare went up by £11 a week I lost £10 a week tax credits. I had also told them my income was going to be higher for 2012-2013 by approx £2500 but they said it wont be taken into account.
I have just told them that my childcare has gone down to £88 a week from £115, and I have lost £30 a week.
Yet my estimated tax credits for next year, when they are taking into account the higher income and the lower childcare I will be getting £10 a week more then now!