My baby has not been born yet. It is due next month. I know I will struggle on maternity pay but i am more concerned about when i go back to work. You see, the way i see it, i will then have the same approximate income as being on maternity pay (partner full pay and me on half pay as i intend to do 18 hours a week rather than full time) but in the mix I will then have to pay for child care. I have tried going on the various calculators but find it very confusing as they are always talking about the previous tax year and obviously that will have been different.
Basically, my partner will be earning approx £16,000 a year and I will be earning £8,500. If we were not in debt, we could probably do it but the fact that as well as a mortgage we also pay about £300 a month out in debts means i will be £100 in the red every month. Does it sound like I would be entitled to child tax credit if i use a registered childminder? We do not have any other income. I will be going back to work in August 2012. I know that there have been changes to tax credits and i thought perhaps i will only get them if i work over 25 hours. By the way can anyone tell me what DS and DH stand for? I know what they must mean from reading posts on here but am just curious!
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would i get help with childcare costs?
7 replies
hostelgirl74 · 17/10/2011 11:18
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