To ask what you think of this joint income?

[Fineapple1]

Joint income of 7596 including child benefit

verdict…
more than enough
enough
could be better

i know it’s dependent on outgoings but but as a general income.

I had no idea. I need to look in to that! It’s me who earns 65k. So are you saying I need to tell my employer that I want to add 5k to my pension then just claim CB?

You’ve no idea how OP gets it because you need to do a better job at keeping up with it. You were still entitled when you tipped £50k (was a sliding scale of reduction between 50-60k) and you’re entitled now to some - or to all of it with a pension tweak, as PP has outlined.

Have you actually done a tax return to check if you qualify for child benefit? It's only just changed this tax year that you would qualify if you earned over £60k. If you've both been on these salaries for the last couple of years you may owe quite a lot back.

Do you already pay into a pension? I imagine most people of 65k contribute something to a pension. You might find that after those contributions you are under 60k already which means you'd have to do nothing. Just apply for the CB.
If you're on say 61k after those pension contributions, you'd still get 95% of the full child benefit.

Just saw OP said they DON'T get CB... deleting my post then

If you have £1600 left at the end of a month which included one-off furniture purchases, obviously it’s plenty. If DH gets a better paid job, it will be more.

Save, save and save some more. Pensions and university fees.

But even if she got her taxable income below £60k, the children's father earnings must be way more than that, and the rules are if ONE parent earns more than £60k, that applies. So you always need to consider the parent with the highest income not the lowest.

This poster (not OP) said she earns 65k and her partner earns 60k. She is the higher earner

Ummm why do you even need to ask? It’s clearly plenty and anyone with any kid of sense knows that.

It’s not even a humble brag… as there’s no humble…

She wrote that she makes £65k and her husband earns £60k. They would absolutely be eligible for it, if she pays £5k in to a pension.

£5k in to pension, 2k back from Gov.

Yes, I pay 5% pension contributions. Thanks so much for your advice!

OP says "Joint income of 7596 including child benefit"

If you went to 8%, you will be able to claim.

Meaningless without context re outgoings, where in the country you are, how much you save etc

In that case, it’s a huge amount.

I thought with that net income it would be over that! But in that case then, YES! They could get CB!

Yes that threw my off! But there have been updates from OP...

This

The things I weigh up the most about a new role vs the extra income is how it would impact day to day life in terms of school runs, flexible working, WFH, crunch points of the month

Pressure in a role doesn’t impact me however if he’s the sort of person who struggles with pressure, then considering if the new role is higher pressure and if it will impact quality of life.

I think some of the other posters have been rather blunt about child benefit and the deciding factor on if you’re entitled to it is not within your posts. It depends on gross income split led pension contributions and whether either of you go over the threshold. You may not be asked to stop it if you’re not entitled, it’s your responsibility to take this action and HMRC will look to reclaim what has been overpaid if that’s the case. It’s worth looking into

She said:

“Still get CB, never been asked or told otherwise and yes I have checked.“

and

”cb is the only benefit we get”

I thought they were over the threshold, but obviously not.

@Cyantist couples like you totally piss me off .. over £12000 a year and work it so to get child benefits ... this is why it should be £6000 a household and not each .. it's so unfair on single parents

Lovely goady, bragging post.
Honestly, strangers on the internet can’t help you … sort your own finances and thoughts out.

Apparently DH wants to go for a new job with more pay as he thinks they ‘could do better’ but OP thinks they ‘are fine’. So she wants opinions.

Still seems a gloating post to me as it’s natural and normal regardless of your pay for many people to want to challenge themselves and go for a higher wage as part of natural career progression. OP makes no comment about why she thinks DH needn’t go for job i.e. less time to help her with housework or kids etc but just puts the high salary out there. Cue lots of congratulatory, admiring comments 🙄

If you are happy in your role and everything works well enough for your quality of life - now AND in the future, no need to go upsetting the applecart. Your salary isn't inscribed on your gravestone after all. Just make sure you are getting enough out of e.g pension contributions etc. Your DH seems like he has identified a good role that wont have detrimental impact on your quality of life. Let him crack on.

Dumb question ...