Just working out the free childcare hours and actually DH and I will be muxh better off if we both dropped to 3- 4 day week to deliberately reduce our incomes. Would obviously be nice way to live too! Anyone else doing same? Seems mental but we've looked at it 100 times over and it's true!
MNHQ have commented on this thread
AIBU?
DH and I going part time to deliberately reduce wages
Bucketheadbucketbum · 18/03/2023 13:35
Am I being unreasonable?
1358 votes. Final results.
POLLSneakyblinders · 18/03/2023 14:12
i think there's a bit of a difference between factoring in 'free childcare' when making a change to working hours - for example if you were part time before considering going up to full time hours.
but for both of you to deliberately drop down to 3/4 days a week for the sole purpose of claiming these benefits I find really distasteful.
Dorisbonson · 18/03/2023 14:19
Get screwed as a higher earner. At 99.9k a year salary you get net 5500 a month, at 120k you get 6000 a month eg the extra 1666 a month you earn only gets you another net £500 a month - taxman has £1166 you get £500. You lose out free childcare at 100k. The government are decreasing the supertax threshold from 155k to 120k so we will pay another 5% on that bit too. At 155k you lose tax benefits on pension contributions.
Most high earners live in the SE so get screwed on higher house prices and stamp duty, we get screwed on train fares too.
For all the tax we pay, the NHS is knackered, schools teach woke fake biology, police don't investigate burglaries or stolen vehicles. The answer everyone has is to put taxes up - on who?
So for all this, I left the UK for work last year. I had planned to come back in 2 years but am terrified about Labour winning the next election and putting taxes up even more.
DannyZukosSmile · 18/03/2023 13:58
You won't be the first to do this. I know someone who purposely does a smaller amount of hours every March or April, to drop her normal monthly wage of £1150-ish to £800-850, so she can fill in an HC1 and get full help with health costs all year. Free prescriptions, free dental, £60 voucher towards glasses, free eye tests, help with travel costs to hospital or specialists etc....
£350-ish wage loss to potentially save multiple 100s over a year. (£750 to £900 typically.) She doesn't have to worry about a filling dropping out or a tooth chipping or needing multiple prescriptions etc, as it's all covered.
That's how ridiculous things are in this country. You are only OK if you're a very high earner/rich, OR if you are financially poor, coz you get lots of help from the Government.
I know a few people who are/were on less than £20K a year joint income whose young adult children got 1000s thrown at them in grants and bursaries, and they had more money at uni than many students who had parents on £45-55K a year joint income. The ones whose parents were proper loaded were OK, but the students of the middle earners were fucked, because they got NOTHING, but their parents were not well off enough to give them anything.
@Bucketheadbucketbum Ignore the naysayers and the haters calling you grabby and lazy etc... they're just jealous and bitter. Most people would give their left arm to work only 3 days a week and have more time with their children. And as I say, it's the SYSTEM making you do this. If most jobs paid a lot better and gave people good money/plenty of surplus income, people would not be inclined to do this.
Nolimittomylove · 18/03/2023 14:31
Disgusting. I hope when your child no longer gets the free childcare, you can’t increase your hours and are stuck with less money.
Bucketheadbucketbum · 18/03/2023 14:29
Quite a few of our colleagues talking similar now- they really need to fix it!
Bucketheadbucketbum · 18/03/2023 14:29
Quite a few of our colleagues talking similar now- they really need to fix it!
Bucketheadbucketbum · 18/03/2023 14:11
We looked at this but pension rules are so strict with tapering and other things it doesn't work out
7Worfs · 18/03/2023 13:40
The better option is to put the excess income in a pension through salary sacrifice if your company allows. Then it won’t count towards your income to get the free hours.
Stopthatknocking · 18/03/2023 14:32
If you both earn over £100k, pay for your own childcare.
You are not 'the squeezed middle' as you claim, you are both very high earners.
Playing the system by reducing your income and expecting the government to pay this tiny rate to nurseries, who can then only afford to pay thier staff minimum wage to look after your child when you can well afford it yourself is just horrible behaviour.
Fragrantandfoolish · 18/03/2023 13:41
Surprised at the responses. I wonder if it’s because it’s child care. If someone posted me and my husband are going to go part time so we can claim universal credit id suspect the responses would be different
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IsGoodIsDon · 18/03/2023 13:49
I quit my job because of childcare. OH is a high earner and we’re couldn’t get the free 30hours, I’m a nurse and my wages were not high enough to cover childcare with any significant value so to ease stress at home I just quit. I now work agency at the same place less hours more money and can chooses when I work around my OHs hours. Not want the government wants either but I’m not working just to pay childcare and it’s not really much cheaper now the kids are at school as we have 3 DDs and wraparound care is still expensive.
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