I'm trying to work out my fiances, tax credits etc re going back to work.
I used the HMRC tax credit calculatory thingy.
If I work min wage job, 16 hours a week we will get £500 ish child tax credits.
If I managed to get a job paying £19k, full time (when partners is on the same money) we will get £475 child tax credits. Not much difference between the two!
Is that right? It just seems really crazy. I did try another calculator and it said something similar.
Have I just missed something?
Many thanks