Home | Links | Contact Us | Bookmark
Financial Forum Search :
   Homepage      News      Financial Topics     Finance Directories      Financial Forum      Dictionary  
Financial Forum    Taxes
Finance Discussion Forum

 Do i qualify for working tax credits?
I work 16 hours a week and my partner works 40 hours a weeks. Do we recieve work tax credits?
Additional Details
Our combined income is approx £19.500...


 Does anyone know about claiming back the Tax when you don't work?
...


 Will the state refund overpaid personal income taxes?
I think I overpaid on my state taxes. Should I expect a refund of what I overpaid? Will I have to ask for it? Or is there no hope?...


 Am I missing somthing? or there are more?
Accounts Receivable Tax
Building Permit Tax
CDL License Tax
Cigarette Tax
Corporate Income Tax
Dog License T...


 Why does my employer pay me on the 5th and 20th?
Just curious why it's not every other Friday, or the 1st and 15th, which seems more conventional, IMO. Is there some benefit to paying employees on the 5th and 20th? It sure makes paying bills ...


 How many days it take if i have apply for a PAN Card?
...


 What Age Do you have to be to rent in the UK?
I am 17 and i can afford to pay for a rented accomodation is their
any kind of age limit....


 Is there such thing as a tax exempt job?
i was recently promoted to a job in my local government and on the job description it mentioned the job being "non exempt" does that mean there are jobs out there exempt from taxes or is it ...


 I am 28 , if i withdraw my 401k, how much percent of it will i need to pay for the IRS?
...


 How do I file taxes after not having a job for a year but had a baby?
Last year I had a baby, but I did not work for the entire year of 2007. I am wondering if I am still able to file a return and claim the baby and receive some kind of refund. I know I had no income, ...


 Has anyone with these numbers received stimulus check in mail?
Has anyone with SS# ending in 65 received their stimulus check (via paper check) yet? The site says June 20th, I was just checking to see if anyone has received theirs via paper check yet? (SS# 65)? ...


 Is money received in Australian dollars into my personal account in India taxable?
I provide some services to an Australian company. I get paid directly into my personal bank account every week for the services rendered. The services rendered are obviously legal. Could someone tell ...


 What about people who PAID on April 15? Direct deposit on rebate??
All of these posts regarding the rebate mention receiving the refund already and wanting to know when they'll get the rebate. But what about those of us who had to PAY taxes??? Obviously any ...


 Can I consider my 15 years old brother as my tax dependent?
I am only single and I stand as the head of the family but our company said that my brother is not qualified as dependent. If that so, the company will deduct much tax on my salary....


 What law states we must file an income tax return?
why must we agree to be slaves for the first 3 months of the year?...


 Is there a secure online site to do your taxes?
I don't want to pay to do my taxes. I probably have to pay taxes anyway... where is it secure to do them online?...


 If your receiving child support...do you file this as an income also or not (for your taxes)?
...


 If I bought my rental property for 118,000 thousand and sold it after 5 years for same price would there be an?
any capital gains tax for federal, state or anything else?...


 Do i have to pay taxes on a $12,000 check i recieved from my grandmother?
...


 Payperiod is 10/1-15. Employee is paid, however resigns on 15th, not entitled to pay for the 15th.?
They are owed travel expenses. Can the net pay for the 15th be deducted from the expense check? How would you handle such a situation?
Additional Details
They resigned in the morning....



Amy H
Can anyone help me with benefits that i will be entitled to?
i have just found out im pregnant with baby no 4. my husband and i rent our home and live in wales. i have worked since i have left school whilst my hubby has been a househusband as i earned the higher wage. i have decided that this time, i would like to be a stay at home mum for a few years and share some of the pleasure of the kids that i have missed out on so far. only thing is, i have no idea how much/or what benefits i would be entitled to. can anyone give me an idea how much we would be entitled too? i know our rent/council tax would be paid for us, but how much would we have to live on? i only work 30hrs a week now and bring home £840 a mth and we get £104 pw tax credit on top of our childbenefit. i dont want any abuse off anyone - like i said i have always worked and supported others who dont by paying my own taxes - maybe im being selfish, but i want a slice of that cake for a couple of years too if it is possible.
Additional Details
sorry, i forgot to mention - as kindly pointed out - my husband is happy to return to work in my place - but im confused because there are so many people around who seem to be better off than us when they dont do a days work. AND FOR THE RECORD, BEING A STAY AT HOME MUM/DAD DOES NOT MAKE A PERSON LAZY
                     
 




Lestat
Rating
This has many variable.

You may get Statory Maternity Pay, which is First 6 weeks 90% of your average weekly earnings with no upper limit
Remaining 33 weeks Standard rate or a rate equal to 90% of your average weekly earnings. You will get whichever rate is lower.

The standard rate from 6 April 2008 is £117.18 per week

You will get Child Tax Credits and Child Benefit for all 4 children. If no one in your household is working you will no longer get working tax credit.

If your husband were to then get a job you would be entitled to working tax credits, depending upon his new income. you may also qualify for some help with council tax/rent again depending upon his income.

If there is a period neither of you are working, and your SMP has expired your husband would have to register unemployed and looking for work and claim Job Seekers allowance (if you have savings you may not qualify)

Your husband would get a couple of rate of JSA at 90.70 per week. On top of this you get full council tax/rent rebate and child benefit/tax credits for all 4 children.

You can work out your Tax Credit amount on line at the link below, this will help you see how the different wages your husband may earn will affect your award. The more you get in a wage and in Tax Credits the less you will receive as council tax or housing benefit

With refrence to the answer above, you have no entitlement to Income suppport as neither you or your patner is sick, disabled or a lone parent.

You are probably best to visit your local CAB to discuss your options in greater detail


AnnOnnyMouse
Just to correct something in one of your previous answers, if your husband is working and not on a high wage you may still be entitled to some top-up council tax and housing benefit.


Lucky
Rating
Obviously as you know you get child allowance for each child.

You can also get child tax credits and working tax credits (as long as one of you is working 16 hours plus a week). Have a go at the calculator to see how much:

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

It's quite good but detailed and lengthy so best if you try it rather than me second guessing.

That's pretty much it unless you qualify/want to go into the income supprt area. That can harm your tax credits though. If your curious I'd ask at your local job centre.

I understand why you are doing it and I think it is fair enough as an individual. Although if I was in your position I would definitely not be on baby no 4.... on a low income I can maybe understand 1 or 2 but how can you have let it get to 4?? Anyway individual choices aside, i have to say it is disgusting and appalling to live in a country where people who can work choose to stay at home and claim benefits just because they can. Can't believe my tax pays for that. And saying you've always worked (ie: for what ten years?) is a terrible excuse as taxpayers paid for 12-16 years of your education and will do the same for your 4 children ... even without claiming benefits/using the nhs etc you are definitely taking out more than you put in and it is only fair that you hold your hands up to that.

EDIT: I'm not sure why the poster below me has got his strict and strange criteria for income support from. It's not the case. Although the criteria is strict and it is likely you won't qualify, couples can qualify without being sick or disabled. See:

http://www.adviceguide.org.uk/index/life/benefits/help_for_people_on_a_low_income_-_income_support.htm#who_can_get_income_support


david.hutchings3@btopenworld.com
Rating
with luck if your husband gets a job you will not have to worry about benefits


ruby_suze
not too sure on the benifits, but if someone in the house hold is workin you wont get free council tax, or rent, but you will get working tax credits which will make your money up, best check with the benifits agency, explain your circumstances and they will point you in the rite direction or phone citizens advice to discuss your options


♥ ᏨʊῤᏨαӄƐ ♥
Rating
Make an appointment with the Dept of work & pensions. I think you can get maternity pay, tax credits and a grant for your baby. Hope that helps


jamescraig61@btinternet.com
Tell your lazy husband to go out and get a job.


yummymummy
Rating
please dont be a sponging lazy piece of **** like the rest of the unemployed no hoper population,i understand you want your time out,because yeah you've paid your taxes and god you deserve it but wheres your pride,tell your husband to go to work,because your family is better than that.


 Enter Your Message or Comment


User Name:  
User Email:   
Post a comment:







Archive: Forum -Forum -Finance - Links - 1 - 2 - RSS - All RSS Feeds
The Causes and the Results. 0.024
Copyright (c) 2011 Financial Crisis Tuesday, May 29, 2012 - Terms of use - Privacy Policy