does anyone know what the earnings brackets are for tax credits

[choufleur]

I've been offered an extra day at work and am trying work out how much better off we'll be after paying for more child care and not sure if the extra earnings will tip us over into another tax credit bracket.

isn't there a tax credits calculator on-line? maybe even on the tax credits site?

Is it not the case that the more you earn, the more you get in tax credits?

I think the upper ceiling is £58000, if your child is over one.

thanks for your thoughts .

and who knows - perhaps it'll seem such a bargain that it provokes a bidding war .

wrong thread.....

wish it was boosh. i've not idea how they calculate it - it seems completely random to me as people i know who earn more than me get more tax credits and people who less than me, but don't pay for childcare, get more than me

Whenever my earnings go up, my tax credits go up. When my earnings go down, my tax credits go down.

Other peoples are often different as they don't just base it on income, they also base it on who lives with you, number of children, childcare costs, hours worked etc.

Sorry - just to clarify choufleur - You said: 'people i know who earn more than me get more tax credits and people who less than me, but don't pay for childcare, get more than me'

Which i what I am saying, if they earn more than you, they will get more than you. If they earn less than you, they will get less than you.