to be pissed off that DH has had a bonus cos tax credits will take loads of money off us

[FuckingTaxCredits]

have nc doubt the dm readers will be out in force for this one

dh has had an annual bonus of 2700

which should be awesome news but I nearly cried when dh told me

as this happened a few years ago as well, and i know that when I do our tax credits renewal they will end up royally screwing me up the ass and taking loads off us. even though dh will prob come out with 2k, max, of his bonus, if he is lucky, but tax credits will take the whole amount off us

so it will hit ME in MY pocket cos dh is doing well at work

bonuses should be just that, a FUCKING BONUS

so pissed off

all the people saying the op shouldnt go on holiday, how do you know she hasnt been saving up for years to go away??

The trouble is, those genuinely deserving of welfare payments do not have the luxuries of "savings". If you are saving, you have by definition more income than expenses. So why do you need top up, or as much top up as you are getting?

Lol gamer

IME the help line is staffed by complete knob ends who have an attitude problem and don't know their arse from their elbow anyway

op, seriously

But that's life. Do you think people that earn say £44000 (40% tax) are happy but that's just a financial boundary.

Op, that tenner a week would be £520 a year. Perhaps it would have been worth doing

Me thinks the OP is somewhat shifting sides here..... First post is blaming the Tax Credits, then changes mind that it's hubby fault because he is gaining and not her, then back to Tax credits. Ffs at the end if the day you have gained a bonus, whether that's in your bank account or his, and have lost (not as much) some tax credits whether it's out of your bank account or his which = YOUR FAMILY are BETTER OFF!

seriously bedraggled it really wasn't

prob wouldnt have got it anyway, they would have probably hummed and arred for months while asking for even more info then said we weren't eligible anyway

plus it involved going to the housing benefit office and i have been there when i was a single parent and they really do treat you like utter shit on their shoes

Well if the maths are right upthread, that tenner a week adds up to the equivalent of a £1500 bonus, by the time you deduct tax, Ni and tax credits!

notagenius

Tax credits aren't a welfare benefit though, and certainly not an out of work benefit.
If tax credits didn't exist this government still would have taken off the poorest and certainly wouldn't give the saved tax credits to hospitals and schools.

I agree with others though, the tax credit naming was very cunning. I am fortunate enough to never had to claim them, so I did assume it was a tax allowance. Giving you back tax you had paid. Then a friend separated from her husband and I looked into what she could claim- she earns over £30k so not badly off, but she would have been able to get £10k in tax credits too, which is much more than the tax paid on £30k!

I think the naming probably helped slide them in quietly with no objections. Now that they have established benefit blaming culture and plan to take more efficiencies from "welfare" ( always shown as the biggest chunk of public spending without mentioning most of it is pensions) then it is being reclassified as benefits to suit.

They could actually do something that genuinely was a credit against tax, but then it wouldn't pay enough to help the lower laid who don't pay tax.

But maybe we could have a 10k personal allowance for childless workers, but higher allowances for those with children under a certain age, which could be offset by reduction of those allowances after you earn too much, just like the removal of the current personal allowance over £100k. But then it would have to be based on single incomes not household. But then the cb threshold is based on single income so....

No good to single parents earning £11k pa (FT NMW) though bedraggled.

Unless NMW gets a big increase.

bedraggled

You are totally right, there also didn't used to be a childcare element it was just on income alone.
If you had duel working household you got more than if you had a sahp but in any case there was no help with childcare, because when it started there was relatively few providers, if you didn't have family to mind your kids you didn't work.
It supported families whatever choice they made.
The difference now is that many families can't afford a sahp with tax credit top ups.

A higher tax allowance would be far better.

Tax credits are indeed a welfare benefit, they are classed as a state benefit just like job seekers etc and are indeed paid to people who don't work.

Little the PTA will exceed £10kpa for the first time this year. But, as I said above FT NMW pays £11kpa ish. So how would higher PTA help the millions earning NMW?

Little

Could you please provide a link to something stating that tax credits are a welfare benefit.
because it isn't listed usually under the other welfare benefits.
I believe the new UC will be replacing tax credits so anybody receiving it can be villified by society as the present gov would like.

I doubt it will affect your tax credits at all as you are allowed to earn up to £5k more without them being affected. It is called the disregard.

Arsenic, yes, that is what I meant about it not helping the lower paid who don't pay tax, or not enough to benefit. Probably would have made more sense without the typo though lol - paid not laid.

Tax credits are a benefit and should be renamed as such. Many people get far more money back in tax credits than they ever pay in tax and you can claim child tax credits even if you have never worked or paid a penny in tax in your life ! The name is very misleading.

www.gov.uk/income-tax/taxfree-and-taxable-state-benefits

Gov.uk classes them a state benefit. They might have been billed as a tax refund by Labour but given the unemployed claim them they were never that. Most received more in benefits than the tax they pay.

babyroobs, it'll affect next years claim though

Tax credits are a benefit and should be renamed as such

Why?

To aid slagging off the low paid?

Do you know how much a rebrand would cost?

Would you like the recipients to wear special armbands too?