Hi all.
I have just had an offer of employment which starts on Monday. However I will not recieve my first wage until the end of August.
We are going to use a childminder for childcare and will need to start paying this pretty soon. We are currently recieving £80 a week child tax credits with my partner working full time. According to the tax credits calculator this will go down to £50 a week when I start work.
What I want to know is will the tax credit be lowered straight away or wait until I recieve my first wage? As otherwise I am not sure if we can afford to pay it. If it does go down straight away is there any other benefits we can claim for to top us up until I get paid as otherwise we will not be able to live!
Thanks
Becky
I have just had an offer of employment which starts on Monday. However I will not recieve my first wage until the end of August.
We are going to use a childminder for childcare and will need to start paying this pretty soon. We are currently recieving £80 a week child tax credits with my partner working full time. According to the tax credits calculator this will go down to £50 a week when I start work.
What I want to know is will the tax credit be lowered straight away or wait until I recieve my first wage? As otherwise I am not sure if we can afford to pay it. If it does go down straight away is there any other benefits we can claim for to top us up until I get paid as otherwise we will not be able to live!
Thanks
Becky