Jump to content
Home
Forum
Join Us
Articles
About Us
Tapestry

Child Care Tax Credit


 Share

Recommended Posts

One of our staff members has just left on maternity leave. She cant find out whether she would be able to claim any help towards childcare costs when she comes back to work (22.5 hrs). She lost her working tax credit last year after a change, but can the child care element be claimed separately?

If she comes back and uses a childminder she'll be paying our 75% of her salary for the service so without help she might have to give up work all together. :1b

Link to comment
Share on other sites

Techy Hubby says have a look here (can't do the fancy link, sorry)

 

http://www.hmrc.gov....dcare-costs.htm

 

Also very important to check out other partner's ability to use childcare vouchers. Effectively pays whatever their tax-rate is towards childcare. Not bad if you're in the 40% or greater bracket.

 

Honey

Edited by HoneyPancakes
Link to comment
Share on other sites

It all depends on your household income and age of child(ren) as to the reward you are entitled to. It is usually 70% of the childcare costs they cover if you qualify for working tax credits and are within a certain income and work 16 hours or more. There is also a child tax credit element which again depends on factors.

Link to comment
Share on other sites

They write to us every year to tell us we do not qualify for the child tax credit... ( the total income to receive it is quite high).. our son is 27 and we claimed it once when he was 19 and it first came in.. he was at college so we still qualified while he was there... no matter how often we tell them there is no point in writing.. and they do have his date of birth on record we still get the letter.. . not just one but two letters to one household saying the same...

 

we always made claims if there may be a chance of qualifying.. we never expected to with our joint income at the time.. and we still did..

  • Like 1
Link to comment
Share on other sites

Not sure on the tax credit side.. but you have the gov info there so that should tell you all you need to know. As for the Work Based Vouchers, the parent (either one) can apply if the company they work for subscribe and the limit is £243.00 per month. If both parents company's are subscribed then they can use both the vouchers of up to the £243.00 each per month...... if you get my meaning.

Link to comment
Share on other sites

  • 3 weeks later...

as far as I'm aware, the childcare tax credit is simply one element of working tax credit and you do not have to qualify for working tax credit to qualify for the childcare tax credit element

Link to comment
Share on other sites

Had exactly the same thing Inge, must have been a glitch in the system that year, went on sending duplicated packs to claim and letters to say we were going to miss the deadline if not returned, made somany phone calls...even phoned in 'February' as instructed as apparently could only be sorted then, and was it No !

Link to comment
Share on other sites

 Share

×
×
  • Create New...

Important Information

We have placed cookies on your device to help make this website better. You can adjust your cookie settings, otherwise we'll assume you're okay to continue. (Privacy Policy)