Meet the Other Phone. Child-safe in minutes.

Meet the Other Phone.
Child-safe in minutes.

Buy now

Please or to access all these features

Money matters

Find financial and money-saving discussions including debt and pension chat on our Money forum. If you're looking for ways to make your money to go further, sign up to our Moneysaver emails here.

Confused about 'frozen' tax credits

2 replies

SleepyCaz · 28/07/2010 17:19

Tax credits have been frozen.

DH and I receive 190 GBP per month.

Does 'frozen' mean that if we are successful in conceiving DC3, we will stay at 190 GBP, or get a slightly higher amount?

Am aware that the New Baby Element has been scrapped. Just confused as to what 'frozen' actually means.

Thanks.

OP posts:
purpleturtle · 28/07/2010 20:53

You will get more money, because you'll have 3 children not 2.

You know how Child Benefit goes up about 10p per week each year? It won't now. And neither will the full Tax Credit amount.

SleepyCaz · 28/07/2010 21:00

Okey dokey. Thanks.

OP posts:
New posts on this thread. Refresh page
Swipe left for the next trending thread