Anyone else heard about tax credits

[ShadowWolf]

http://www.benefitsandwork.co.uk/forum?func=view&catid=13&id=34068

This may help.....


xx

 

[titch]

okay so according to this bbc article, we'd be okay if OH works fulltime and I work 18.5 hours??

http://www.bbc.co.uk/news/business-11621984

 

[littlemiss83]

Oh yeah, there defo going ahead with it chick - it was in the spending review. Here's a bit from the link Shadow posted


The Chancellor announced a number of changes relating to tax credits:

• freezing the basic and 30 hour elements of tax credits for three years
• changing the Working Tax Credit eligibility rules so that couples with children must work 24 hours per week between them
• returning the childcare element of the Working Tax Credit to its previous 70 per cent level

It totally sucks. there is hardly any jobs at the moment anyway, and people are getting kicked off benefits left right and centre, even those with kids, plus people are losing their homes. I hope the people make a stand soon.

 

[littlemiss83]

okay so according to this bbc article, we'd be okay if OH works fulltime and I work 18.5 hours??

http://www.bbc.co.uk/news/business-11621984

I'd imagine you's would be fine. As long as you's work at least 24 hours a week between yous.

 

[titch]

ah okay I thought you both had to work 24 hours per week, as a joint effort we can manage that Things are going to fall apart very rapidly as there will suddenly be loads of people looking for jobs and more hours

 

[xshauna_bazx]

You will be ok tiny...it is terrible they isn't any jobs!!!

 

[EmmBee123]

OK, slightly dodgy, but if you/OH can do it, then register as self employed, you're still allowed to be employed too.
You have to fill in a self assessment at the end of the year, but you can claim for legitimate expenditure such as heat/electric when you are working from home. You don't need a limited company/business, anyone can be self employed, e.g. I could do someone's ironing and charge say £5, it counts as self employed income, but also as hours worked.

HMRC ask for total hours worked, so long as that is over 24 hours, and who is to say what you work during self employment, you would qualify, slightly more work and you have to advise HMRC of the self employed income, if any, every six months or so, but at least you'd get more of what you should be entitled to.

Glad to see my accounts brain hasn't disappeared yet, lets see how it gets as pickle is closer to arriving!

 

[Vicxzy]

What a p155 take! It's like health in pregnacy grant, nearly 200 quid that got pulled out from under most of our feet recently grrrrr! x

 

[evie_smith]

What?! My husband works 21hrs coz if he works 22 we can't get help of the council coz he works too much?! So if we go to 24 were screwed anyway might as well quit his job to support are family better bloody government - I don't know he goes out and works the most he can so he isn't a bum and doesn't rely entirely on dss ect and now they are screwing it up??

 

[xshauna_bazx]

OK, slightly dodgy, but if you/OH can do it, then register as self employed, you're still allowed to be employed too.
You have to fill in a self assessment at the end of the year, but you can claim for legitimate expenditure such as heat/electric when you are working from home. You don't need a limited company/business, anyone can be self employed, e.g. I could do someone's ironing and charge say £5, it counts as self employed income, but also as hours worked.

HMRC ask for total hours worked, so long as that is over 24 hours, and who is to say what you work during self employment, you would qualify, slightly more work and you have to advise HMRC of the self employed income, if any, every six months or so, but at least you'd get more of what you should be entitled to.

Glad to see my accounts brain hasn't disappeared yet, lets see how it gets as pickle is closer to arriving!

Thanks for the idea hun xxx

 

[xshauna_bazx]

What?! My husband works 21hrs coz if he works 22 we can't get help of the council coz he works too much?! So if we go to 24 were screwed anyway might as well quit his job to support are family better bloody government - I don't know he goes out and works the most he can so he isn't a bum and doesn't rely entirely on dss ect and now they are screwing it up??

Exactly hun they don't give people much of a push to work when your better off not!!!

 

[evie_smith]

Exacally and in his job he can only do part time 21 hrs or full time an his job pays rubbish e will only get £800 a month if he goes back to full time and are rent is £625 awe were fucked :,(

 

[xshauna_bazx]

Bloody hell i thought my rent was alot at 400 lol! I was better off not working, one of the reasons i packed my job in...stupid really! I hate this world...we are gonna all end up in poverty in this country! xx

 

[Lacey's Mummy]

We're not even entitled to working tax credits! That's what makes me think I might aswell not work!!

 

[xshauna_bazx]

Exactly...they should be praising and encouraging the people that work or want to work! Not making it harder x

 

[pinkymum]

Exactly...they should be praising and encouraging the people that work or want to work! Not making it harder x

So true Shauna. Or just making it worthwhile working. It just seems daft to me that I'm better off not working although I couldn't spend the rest of my life doing nothing lol. X

 

[xshauna_bazx]

Same here hun xx