Meet the Other Phone. Flexible and made to last.

Meet the Other Phone.
Flexible and made to last.

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.

Childcare tax credits - don't seem to qualify

7 replies

wangle99 · 26/04/2009 12:02

According to website it said income up to £50,000 you would qualify for child care help.

DH and I have joint income of about £28,000 yet apparently we don't qualify.

Are there other criteria you have to fulfil? I cannot find anything anywhere that would give reason why we don't!

OP posts:
RumourOfAHurricane · 26/04/2009 12:39

This reply has been deleted

Message withdrawn

Thrifty · 26/04/2009 12:49

you should still get child tax credit,but you wont qualify for working tax credit.

Thrifty · 26/04/2009 12:50

i suppose it depends on how much you are paying out for childcare too?

ruddynorah · 26/04/2009 12:50

you'll just get minimum child tax credit, about £550 a year or double that if your child is under one.

HappyMummyOfOne · 26/04/2009 13:39

CTC are payable upto £50,000 so you'll qualify for basic tax credits.

WTC is capped around £17,800 for a couple and the childcare element is capped around £25k.

wangle99 · 26/04/2009 17:48

It was the childcare element that had confused me, I appreciate we don't qualify for WTC.

I only pay childcare in the holidays but during that time its £240 (for both children) a week. I had worked this out over the year (13 weeks hols x £240 a week = £60 a week) which is what I had told them and I think this is why we don't qualify but if I told them it was £240 for the summer we do qualify!

Wondering if I phone up in July then cancel in September whether that is wrong and have to do it as £60 a week. Really confused tbh.

OP posts:
VinegarTitsThePorker · 26/04/2009 17:56

I would ring up in july and tell there is a change in your circumstances and you now pay £240 in childcare, then when summer is over ring back and tell them your circumstances have changed again

I pay £400 per month in childcare and my annual income is over 30k and i still get tax credits towards my childcare, i dont know how they work it out though, it always confuses me, i do know that what you get in tax credits this year is based on what you earned last yr, i earned about 38k last year and still get £74 a month this year

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