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Working Tax Credit

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CLASS OF 82
Posted by
New Member

22 May 11 #269207 by CLASS OF 82

Topic started by CLASS OF 82

Hi, my wife and I are separating. She presently earns around £5000 per annum of which £2500 is through her being self employed. I understand that she would be entitled to working tax credit but would someone be able to tell me if her childcare costs be covered?

mumtoboys
Platinum Member

22 May 11 #269212 by mumtoboys

Reply from mumtoboys

As a single parent, she will need to work at least 16 hours a week to be eligible for childcare costs. She must use an 'approved' carer (registered childminder, nursery etc) and up to 70% of her costs will be covered (this, annoyingly, has recently been reduced from 80%). This is called Working Families Tax Credit.

On a low income she will also be able to claim Child Tax Credit (whether she works or not - the 'tax' in the title is a bit of a misnomer).

There are various calculators on the internet including one on the HMRC website or the one on www.entitledto.co.uk you can run her details through which will give you an idea of what she can expect.

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