Posted: Fri Mar 05, 2010 1:41 pm
Post subject: working tax credit
i am hoping someone will be able to give me advice...
i went on the gov web site where you answer their questions with your info and they tell you what benefits you can get... when i return to work and my oh goes parttime we will have a joint income of about £40k - according to the web we are not entitled to anything (other than the child benefit).
is this right? or am i being greedy? what are everyone else's experiences?
thanks in advance
Posted: Fri Mar 05, 2010 4:31 pm
We bring in about £45K between us before tax when I'm on full pay, and it said we would get something, not much but something - so one of us has done something wrong! I've applied anyway and waiting to hear.
You might as well apply I think. It's confusing because the form is based on your income over the last financial year for some reason, so I don't know how they allow for you being on mat pay etc. I figure I'll probably have to do it again next month when we've had new P60s as well?
God knows why they can't just work it all out automatically from your NI number and the contributions you already make!
Posted: Fri Mar 05, 2010 4:45 pm
Thanks - I think it is me that has done it wrong because my sister gets some on the same income, but I thought maybe there was something about her situation that meant she could get it and I couldn't.
How do you apply? (I really am dense - sorry!). I have had my child benefit approved and just waiting for details to come through the post - is there something on there that is linked to claiming working tax credit, or is there a phone number I call?
Posted: Fri Mar 05, 2010 4:51 pm
I am not sure about the max amount you can earn before they will not allow tax credits, i know though that when i lived with my Ex we used to get working tax credit, with him working on an approx salary of 25k, per annum, and we only got a top up of £70 per month,
As it stands at the moment as my Oh works part-time we only get CTC and we are not entitled to WTC , or any other help other than child-benefit, so there might be an upper limit as well as a lower limit
Have you been on the tax credit calculator?? through the inland revenue??
Posted: Fri Mar 05, 2010 4:52 pm
I found the number to get the tax credit pack in the Child benefit information form. The lady on the phone basically took a few details like estimated income and told us if/how much we could receive before she sent the form out to us.
You've reminded me to fill it in, actually! Though that's going to be a nuisance if you need P60's...
Posted: Fri Mar 05, 2010 5:23 pm
Thank you - when they send my CTC confirmation info through I will then start on the WTC.
I wonder if there are any hard fast rules to claiming WTC... I thought if one (or both) of you worked - even part time - you could claim. I can kind of understand that the more you earn the less you get, but I like to get money back from all the taxes I have paid over the years
Posted: Fri Mar 05, 2010 7:08 pm
Posted: Fri Mar 05, 2010 7:29 pm
As ar as I was aware you are entitled to something aslong as in the first year your joint income does not exceed 64K and 60k after the first year
If it helps our joint income for last year was 58K and I spoke to them on the phone for the application pack and she gave me a estimate of £14 a week have sent the form off and just wating to hear back
Posted: Sat Mar 06, 2010 1:55 pm
Posted: Sat Mar 06, 2010 3:20 pm
Posted: Sat Mar 06, 2010 6:41 pm
Thanks everyone - sounds like everyone seems to be told something different - but its definitely worth a shot. I will try the suggested websites as well as phoning them.
Every penny really helps now (especially as Evie is 5 weeks old and her daddy has already bought her first birthday present - an electric play tractor ).
Hope you all manage to get every penny you can get from WTC too