Am I entitled to anything?

[thekidsarealright]

As a household we earn £43,000. I know this is a reasonable income.

I'm confused as to where the thresholds start for child/working tax credits? I am potentially in a position to drop from 4 days to 3 days at work and wondered if that might mean we might be able to make up the shortfall in tax credits?

I think child tax credits limit is £26k for one child and maybe £33k for two? Presuming no disabilities. WTC around £16k I think (I earn about £15k and get a but of WTC).

Turn2Us Benefits Calculator

The link above is a pretty good way to work out if reducing your income means you qualify for extra help from elsewhere. The thresholds are different depending on how many children you have and, of course, any child-care costs are also taken into account.

Dp and I have a joint income of approx £22k and get £120 a week child tax credit (3 children under 16) so on your income, in short I would say no, and if you do I very much doubt it will make up the shortfall to be equivalent to what you currently get.

Obviously depends on personal circumstances, ie how many children, if you pay childcare, if anyone in your household have a disability and claim dla etc...

If it it was like that I don't think many people would work.

DH earns about £24k, we have one child and get about £70/month tax credits.

But, you deduct the amount you pay into your pensions from your household income - grossed up it is a private pension. So if you have loads of kids, and pay loads into pensions you might maybe get a tiny amount!

Sorry - it makes me very cross when people talk of working less and claiming benefits to make up the difference.

Thanks sportofino very insightful and helpful comment.

Thanks for your points everyone, knew it was a long shot but just thought I would enquire.