My head is a mess as I'm going through some relationship difficulties with a young baby and I'm trying to make sense of my entitlement to financial help.
I've done a UC calculation a few times but it comes out with an amount that i think is an overestimate.
My details are;
- FT salary of £47,126, net monthly income £2,516 after deductions.
- 2 DC (ages 15 years and 6 months) - no childcare costs for eldest, costs of £700 pm for youngest when I go back to work from mat leave.
- child maintenance of £120 pm for the eldest child only.
- private rented property
- no other benefits claimed
- no significant savings
It's telling me I'd be entitled to in the region of £650 pm as a single parent. Does this sound right? Any help would be greatly appreciated. Thank you.