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Just wondering how much tax credits you get if you are earning around �25k??

5 replies

positively9something · 18/02/2014 22:04

I am considering working full time and I have been offered 25,000 per year, I was just wondering as a single parent how much tax credits I am likely to recieve? I will be paying around 50 per week for childcare during the school weeks.

Any idea how much I could recieve?

I have looked on the tax creidts calculator but it asks what my earnings were for the tax year of 2012-2013, but my earnings in future which will be much more so I can't see how that is going to calculate it.

OP posts:
Are your children’s vaccines up to date?
Anonymai · 18/02/2014 22:20

It depends on how many children you have. Google tax credits entitlement tables and it explains it clearly on those.

morethanpotatoprints · 18/02/2014 22:25

If you put the figure you will be earning 25k as last years income, you have your answer.

positively9something · 18/02/2014 22:56

Great thank you both Grin

OP posts:
gillybean2 · 19/02/2014 15:43

entitledto.com/

HopeS01 · 24/02/2014 07:34

I think the tax credits are calculated on the previous year... So this year's credits are based on last tax year's earnings. I think Confused...

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