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mariheartselijah
Join date : 2010-08-23 Posts : 8143
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![another tax credit question _](https://2img.net/i/_.gif) | Subject: another tax credit question Wed Nov 24, 2010 3:00 am | |
| when you do the calculators...it gives you an award for the period for the forthcoming tax year....is that the total amount which is then divided into monthly amounts??? for example if it said you are entitled to £500 for the period nov 2010 to april 2011 (end of the tax year) - is that 500 divided equally into the remaining months? im so f*cking confused ![Laughing](https://2img.net/i/fa/i/smiles/icon_lol.gif) god...no wonder i failed my maths exams.... |
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mariheartselijah
Join date : 2010-08-23 Posts : 8143
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![another tax credit question _](https://2img.net/i/_.gif) | Subject: Re: another tax credit question Wed Nov 24, 2010 3:02 am | |
| oh. also. i am a bit annoyed that they won't give me any figures until i am either unemployed or back at work *then* they will let me know how much i get...so i cannot actually figure out which is the better option haha ![Rolling Eyes](https://2img.net/i/fa/i/smiles/icon_rolleyes.gif) bollocks to it! |
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snoopy21
Join date : 2010-08-20 Posts : 5101
About Me! My Name: Status: Mummy Number of Children: 1
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![another tax credit question _](https://2img.net/i/_.gif) | Subject: Re: another tax credit question Wed Nov 24, 2010 3:22 am | |
| I cant believe they wont give you the figures? When I thought I was getting a job (ha didnt even get an interview in the end ![Crying or Very sad](https://2img.net/i/fa/i/smiles/icon_cry.gif) ) They were able to tell me what my WTC would be aswell as the CTC including childcare. Id guess the amount is divided into remaining months. |
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CarlaAndCallum
![CarlaAndCallum](https://2img.net/u/1914/10/83/04/avatars/32-44.jpg)
Age : 37 Join date : 2010-08-17 Location : Essex Posts : 4673
About Me! My Name: Carla Status: Mummy Number of Children: 1
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![another tax credit question _](https://2img.net/i/_.gif) | Subject: Re: another tax credit question Wed Nov 24, 2010 3:24 am | |
| I had already left when i phoned them up they were quite helpfull but they knew i werent going back. Itis frustrating they cant tell you beforehand xx |
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mariheartselijah
Join date : 2010-08-23 Posts : 8143
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![another tax credit question _](https://2img.net/i/_.gif) | Subject: Re: another tax credit question Wed Nov 24, 2010 3:25 am | |
| thanks snoopy - im going to get my hubby to ring tomorrow and be more persistent, i get fobbed off to easily i think haha i just think aww they have to work in a call centre while im here in my jammies...i won't hassle them ![Neutral](https://2img.net/i/fa/i/smiles/icon_neutral.gif) she was pretty much like oh we can't tell you til you know what you're doing....wtf? ![Laughing](https://2img.net/i/fa/i/smiles/icon_lol.gif) |
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snoopy21
Join date : 2010-08-20 Posts : 5101
About Me! My Name: Status: Mummy Number of Children: 1
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![another tax credit question _](https://2img.net/i/_.gif) | Subject: Re: another tax credit question Wed Nov 24, 2010 3:29 am | |
| Maybe it was different for me as they were trying to entice me off my fat ass back to work ![Laughing](https://2img.net/i/fa/i/smiles/icon_lol.gif) |
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mariheartselijah
Join date : 2010-08-23 Posts : 8143
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![another tax credit question _](https://2img.net/i/_.gif) | Subject: Re: another tax credit question Wed Nov 24, 2010 3:33 am | |
| they will probably do the same with me, but it doesn't look (from the calculators) like it would be worth the hassle - i would need a LOT of money for very little effort haha and taking my baby to a childminder is not very enticing at all ![Very Happy](https://2img.net/i/fa/i/smiles/icon_biggrin.png) |
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Laura
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Age : 44 Join date : 2010-08-16 Location : Northampton Posts : 6084
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![another tax credit question _](https://2img.net/i/_.gif) | Subject: Re: another tax credit question Wed Nov 24, 2010 3:53 am | |
| When I have been working mine out on their calculator, I just put in the situation I 'would be in' if I left work and it will give you your entitlement.
Just play around with the different options.
Yes, it is the remaining months with the figure you would get, so just divide it by 4 (months left for this year) and that will be what you would get monthly x |
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Laura
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Age : 44 Join date : 2010-08-16 Location : Northampton Posts : 6084
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![another tax credit question _](https://2img.net/i/_.gif) | Subject: Re: another tax credit question Wed Nov 24, 2010 3:54 am | |
| Remember to change baby age if looking at what you would get in a years time as it would be different when over 1 x |
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mariheartselijah
Join date : 2010-08-23 Posts : 8143
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![another tax credit question _](https://2img.net/i/_.gif) | Subject: Re: another tax credit question Wed Nov 24, 2010 4:01 am | |
| oh...thanks laura (im seriously hopeless with any kind of maths ![Embarassed](https://2img.net/i/fa/i/smiles/icon_redface.gif) ) so if i put it in now...that is the quote for nov, dec, jan, feb, march...so if i just got it feb/march it would be the total divided by 4 then x2 or rather...the total halved, then halved again for monthly??? i really just need to know for now - luckily for me eli isn't 1 til may so that simplifies things for this tax year! might have a tinker around and see if i can make any sense of trying to get an idea for next year too...although that probably won't work well because it will only give me 4 months of quote, but if i increase eli's age by a year then times the quote by 3 then divide by 12 it might give me a vague estimate..... |
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Laura
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Age : 44 Join date : 2010-08-16 Location : Northampton Posts : 6084
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![another tax credit question _](https://2img.net/i/_.gif) | Subject: Re: another tax credit question Wed Nov 24, 2010 4:24 am | |
| Yeah, if you put it in now it would be the last week of nov plus 4 whole months.
If you want to know next years rough estimate just put in what your circumstances would be, add a year on for his age and then you would time the figure by 3 and divide by 12... Spot on x |
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mariheartselijah
Join date : 2010-08-23 Posts : 8143
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![another tax credit question _](https://2img.net/i/_.gif) | Subject: Re: another tax credit question Wed Nov 24, 2010 4:46 am | |
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Jade
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Age : 40 Join date : 2010-09-07 Location : Cyprus Posts : 3594
About Me! My Name: Jade Status: Pregnant Number of Children: 1
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![another tax credit question _](https://2img.net/i/_.gif) | Subject: Re: another tax credit question Wed Nov 24, 2010 5:07 am | |
| cant you just divide the figure it gives you by 4? to get the monthly figure? the figure it gives you is for 4 months right so to work out 1 month just divide by four no need to times by 3 (to give 12 months) and then divide by 12 ![Smile](https://2img.net/i/fa/i/smiles/icon_smile.gif) |
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mariheartselijah
Join date : 2010-08-23 Posts : 8143
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![another tax credit question _](https://2img.net/i/_.gif) | Subject: Re: another tax credit question Wed Nov 24, 2010 6:04 am | |
| ah! but if i want to find out what i might get next year (i.e after april) i need to change the baby's date of birth to make him over one...then times the total by 3 to make it a years worth of quote then divide by 12 to find out what next year would be monthly! ![Laughing](https://2img.net/i/fa/i/smiles/icon_lol.gif) |
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MrsDebs
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Age : 42 Join date : 2010-08-18 Location : Stockport Posts : 2645
About Me! My Name: Debs Status: Mummy Number of Children: 2
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![another tax credit question _](https://2img.net/i/_.gif) | Subject: Re: another tax credit question Wed Nov 24, 2010 7:01 am | |
| I agree with Jade - surely times by 3 and divide by 12 gives exactly the same answer as if you simply divide by 4 Just changes Eli's date of birth to 2009 instead of 2010 hun. xx |
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LisaAdmin
![Lisa](https://2img.net/u/1914/10/83/04/avatars/1-47.jpg)
Age : 44 Join date : 2010-08-15 Location : Shropshire Posts : 8964
About Me! My Name: Lisa Status: Mummy Number of Children: 1
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![another tax credit question _](https://2img.net/i/_.gif) | Subject: Re: another tax credit question Wed Nov 24, 2010 7:06 am | |
| I hope you have better luck than us! I told them I was self employed and earning £300 or so less but still doing 16 hours S regardless of anything else we should still get child part which I think is £40 or something Not had a penny for 3 months ![Rolling Eyes](https://2img.net/i/fa/i/smiles/icon_rolleyes.gif) |
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Kell
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Age : 40 Join date : 2010-08-18 Location : * Posts : 3652
About Me! My Name: Kelly Status: Mummy Number of Children: 2
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![another tax credit question _](https://2img.net/i/_.gif) | Subject: Re: another tax credit question Wed Nov 24, 2010 7:07 am | |
| Oh you also need to know that tax credit are paid 4 weekly not monthly so that would change things! |
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