Really disappointed, can't afford to go back to work

[SturdyAngel]

I have been offered a job. 2 days a week, a managers position job sharing with someone I used to work with. I wasn't looking to go back to work but she rang me to offer me the job and I got really excited about the prospect of doing something outside the house!

I have looked into getting a childminder- £80 per day!! Once I have added my car parking and petrol it would cost me money to go to work. I have looked on tax credits website to see if I could get any help with childcare costs but it seems not only would I not get any help, the amount of child tax credits we receive would reduce dramatically!

So disappointed

how many kids do you have and how old are they?

If one is 3 they could get NEG

I'm just this minute number crunching for a job 2 days a week myself I have 2 ids at school , but the holiday care would wipe out my wage

My children are 3 and 11 months. DS1 is nursery 8.55-11.25. I would hve to drop them off at 8, then DH would pick them up between 4-5.30.

Frustrating isn't it Iota!

Could you count 4 nursery grant sessions in your DS1's 2 days? That would cut down the cost for him dramatically.

hmm they are quite young aren't they - no chance of them going to school any time soon and nurseries charge more for the baby room because of childcare ratios.

Does your 3 yr old get NEG at the moment?

wouldit be doing 16 hours? If it was less than 16 hours you automatically wouldn't get childcare help? You need to do 16 then re look at website plus the website not that helpful as at the end of the year (it works out what you would get for those ciumstances this financial year only) - there may be a diff version which will give you a more accurate picture

I know, that was one of the main reasons why I did not go back.

DS goes to nursery, attached to a primary school, 2 1/2 hours per day. He has only just settled in so I don't really want to move him.

Cargirl- The job would be 16 hours, 8 hours per day

mmmmmm when I did that or if I return to do it we will only ever be £50 per week better off, with 4 children it's not really an incentive is it!

I think "entitled to" may have the ctc calculator on it - you do get funny figures at the end of the year using the IR "proper" one

Xenia, Xenia, someone here requires your help.

Think I might give them a call. I'm pretty sure though that we earn too much to qualify for childcare help- what a laugh that is!!!

it's a pity that thee timing is wrong for you - if your children were older, with the prospect of school on the horizon, it might have been worth grabbing the opportunity whilst it was available.

The job I'm looking at, which is admin, pays £60 per day, but holiday care is £45 for my 2, and after I've taken petrol and parking into account, not to mention lunches and business clothes, it just doesn't seem worth it to me.

Am still thinking about it though

do either of your employers partake in the salary sacrifice scheme that would make a difference, could you ask them to join I don't think it costs the employer anything as it's a government incentive. You then sacrifice your childcare costs and don't pay NI or tax on them think it is £53 per week each.

I have just called them. Doesn't look good. We would loose WTC completely and CTC would be reduced by around half.

Looks like a definite no then

This is why my DS went and my DD will go to day nursery until they start primary school rather than go to state nursery. It made a massive difference to my costs.

One of the main reasons I'm a SAHM too childcare too costly until at least one of them is in school and I can retrain.