xichrisxi:
The-Snowman:
Winseer:
It don’t matter that the 35 hour week x NMW is so low, that you’ll probably get a working tax credit top-up, if you’ve got kids, or even are the only earner in the household.This here sums up the problem.
The wage is low because if youve got kids then the working tax credit tops it up. What about those of us who choose not to (Or cant) have kids? We’ve to ■■■■ up a ■■■■ poor wage because the system makes it easy for employers to pay rock bottom prices and the tax payer picks up the shortfall.
Those without kids are getting hammered on both endsIncorrect,you can’t claim tax credits if the total income of those working (husband & wife) is over 25K a year even at NMW if you and your wife work full time t would be over 25k a year between you.
I was talking about one-income households. Surely not every parent has their kids as “Latchkey” variety, just because Mum and Dad insist on both working full time jobs?
A 35 hour week @ £7.50ph is what? £13,650pa. Below the £18k needed to get the “working tax credit” top-up, that doesn’t even require a couple to have kids. Just that single income.
“Child Tax Credits” run in parallel for those couples who do have the kids, of course.
I claimed them in my first two years on agency, because the work was so bitty that first year, and dragged me below £10kpa at the lowest point 2011-12. I was getting as much in WTC as for CTC during this period, around £65pw for both, and the freebies like presriptions & council tax to go with it. I got tapered off as my income on agency gradually rose (more full weeks of work, rather than just friday nights/sunday days like I was getting to start with on agency…) Once I got back up to working full time hours again, - I started looking for a full time contract, having worked on agency at several places to compare T&Cs by that point in late 2014, which was my first year off the tax credits altogether. I went for jobs at places like Nobbies, Morrisons, Fedex, and finally ended up at Brakes, which I’m more than happy with, as it stands. The only downside to Brakes is “No Overtime”. The salary ain’t bad though, for the hours I do, albeit with a below-inflation pay award this year.