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Want to claim 30h free childcare but confused about 'adjusted net income'

28 replies

Sandrine1982 · 10/03/2023 13:10

Hello.

Can someone please help? I would like to apply for 30h free childcare for my DS but I'm totally confused about the 'adjusted net income' thing.
In my mind, the net income has always been the "take home" income one receives after all the tax has been taken off. But this doesn't seem to be the case?

Can someone please help me work out the adjusted net income based on the following info?

  • Gross annual salary - £130,000
  • Annual income from BTL property - £13,000
  • Pension part on the payslip - £38,000 (annual)
  • Tax to pay in this financial year is about £39,000

Thank you in advance.
xx

OP posts:
2thumbs · 30/06/2023 19:58

Well, yes, it’s only income once you receive it. It’s counted in the tax year that you receive, not the tax year that you were promised it (if these aren’t the same)

Niftyswiftie · 30/06/2023 20:07

2thumbs · 30/06/2023 19:58

Well, yes, it’s only income once you receive it. It’s counted in the tax year that you receive, not the tax year that you were promised it (if these aren’t the same)

It's actually taken into account on the earlier of when you became eligible for it and when you were paid it.

idliketogetdownnow · 30/06/2023 20:17

Oh get a grip @Fizzadora. OP is paying nearly 40k a year into the system, there is absolutely nothing wrong with asking what he/she is entitled to.

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