Earnings & Tax credits

[feebee102]

Hi
I wondered if any one can help me. I started a job last year & told the tax credit people
( my husband & I get both working & child tax credits) of my income, and to my suprise my amounts of child tax credit went up.
I have now been offered more hours & wondered if the child tax credit I receive will go up again, it did seem a bit strange that my awards went up last year but I was assured that this was correct.
I will be earning just below the income tax threshold, although I always do inform the tax office of my earinings, even when I was only earning £20 per week.
I have 1 dependant child now who doesn't need childcare.

Any ideas Ta.

[feebee102]

Will be going up from 6hrs ( £36) to 14.5 hrs ( £87)

[redcrx]

if you are no longer paying childcare surely it will reduce what credits you get.

[feebee102]

I ment to say I work nights so I have never needed childcare for him, so never claimed.

[ummmm]

£15,000 Helen? What's all the talk about families on 40k being entitled to them?

[factor-fiction]

ummmm- you may be thinking of children's tax credits.
Isn't there a time lag wth working tax credits- aren't they based on past earnings?

[kia cat]

redhelen - can anyone get access to your calculator? I'm trying to work out if I'd lose much if I worked a few less hours. Currently I do 34 a week, I also have a pension and we get tax credits.
Thanks [Sorry to hi-jack your qu FeeBee]

[kia cat]

Redhelen - thanks, I'll look it up

[1eyedjack]

I have no idea where EDDIES1 got 21 hours from. There are only two hourly thresholds in the legislation; 16 and 30

[themas]

I don't think any of the above answers your question - probably because it can't be answered without quite a bit more info. - as helen indicated.

However, as a generalisation if your husband was already working above 30 hours p wk & you (as a couple) were already getting both child & working tax credits then any increase in income (i.e. total income for the two of you) would result in a reduction in tax credits. But this would not come about straight away - it would probably not happen until the next tax year after you started work.

So if the above is the situation I can't understand how your child TC went up, & NO - it should not go up again if your hours increase.

[feebee102]

My child tax credits went up but my husbands working tax credit went down.