Planning a Baby

HI
Thats a real simple way of looking at it but that doest mean that the first child should be penalized just because you would like to have another child.

I think the government try to be as fair as they can and they will not and cannot stop you from having children but you then in turn have a responsibility for your off spring and if this means that a new child is going to some how lose out in your opinion then that is not the governments fault.

That is your own choice because you have been granted the right to make choices based on what is available what responsibilities you already have so you have been empowered with all this so you then can make real life choices for your self including the choice to have more children.

And i would also like to say if all you are planning is £24.00 a week towards keeping a new baby then i really think you should reconsider having one as a baby cost a lot more and every week as they grow get a little bit more expensive they older they get the more they need not to mention the other costs that having children incur.


dido xx

James: you've got it wrong with your calculations, actually Tets has already explained it how CSA calculations work:

let's assume that you earn £1000 (net) per month. Then you should pay 15% of £1000, that's £150 per month for your child (not residing with you).

If you now have another child living with you (the new baby or a child of your gf, doesn't really matter), then you deduct 15% of your £1000 (for the benefit of the child living with you). The remaining £850 would be your "new" net salary. Then you pay 15% of the £850 for the child not residing with you. I'm not finishing the calculations as it is obvious that the child residing with you is better off (financially) than your first child.

I understand where your coming from and yes, on paper it does look like the 2nd child is better off but when you actually work it out its not. I'm on CSA1 don't forget. Example...

1 child living with PWC:-

Salary £1000 per month
15% for CSA = £150
£840 per month for Mortgage, loans, credit cards, food, bills and other credit commitments the CSA FAIL to take into account

Money left each month = £10


1 Child living with PWC and 1 new child living with NRP:-

Salary £1000 per month
15% off salary for new child = £850
15% of £850 for CSA = £127.50
£840 per month for Mortgage, loans, credit cards, food, bills and other credit commitments the CSA fail to take into account

Money left each month = £32.50

And any Child benefit I get for my new child is classed as household income and apparently the CSA want a chunk of that too!

James

Hi James
Its a difficult one .

Loans and credit and credit cards bills really are your own responsibility

You are asking that the csa dont take as much money when in fact if you didt have so many other commitments and responsibilities your financial situation would properly be ok

What you could try doing is asking to lower the payments on the credit cards and the loans and other credit that you have even switching to a lower interest credit card .

I am sorry if you think i am being harsh but why should the CSA take all that into account.

If you have a lot of out going and you are finding it difficult could i may be suggest you get a debt management plan together would that not help .

Because if I was planning a baby like you seem to want to do i would want to lower my out goings after working out what you have and seeing it in black and white and going from there .

But do remember you will get child tax creidt and you may be able to get working tax credit also have you done the one line calculator to see how much you would get ???

Dido xx

jamesmf wrote:

And any Child benefit I get for my new child is classed as household income and apparently the CSA want a chunk of that too!

James

No they don't touch the child benefit , if you had a new child it should then put you on the newer system where it is a straight % of your net income but looking at the way you have calculated the amount you pay it looks like you are on CSA 2 , is your case after March 2003?

hi james

just been playing with the child tax calculator now you said you got £1000.00 well i threw in a 36 hour week ect and a few dates of birth now this is not your calculation as you will need to do it oyur self but based on a baby born last year father working 36 hrs ect mother not working I came up with

Child Tax Credit £2306.81
Childcare element of Working Tax Credit £0.00
Sub total £2306.81
Working Tax Credit (less the childcare element of Working Tax Credit) £3561.67

When you recalculate your csa i think you have to include this as well as your wages ok .

Dont include your other child in the tax credit calculator
Also if your partner is working now you will have to include her wages as other wise they could over calculate which when the time comes will result in an over payment which you will have to pay back as they do take into account what you earned the year before i think so if she works the first year may be lower than the second years payment but i am sure some one will come along that may be might explain better than me how it works

www.taxcredits.inlandrevenue.gov.uk/HomeNew.aspx

Hope this helps

dido xx