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It can absolutely work in your favour.DesignChick wrote:Would extensive savings and the fact that I can work make a difference?
This leads me to a question I don’t even know the answer to. May be senior members may have an input into it.DesignChick wrote:What should we do?
Yes, but the Tax Credits, and indeed Child Benefit, would be received, wouldn't they!The threshold for a couple (no kids) is £100.95. Since you have two children, there will be an additional tax credit element that comes into play, so according to
http://www.entitledto.co.uk/default.asp ... 3782d303c3
it would be £96.00. Therefore you are looking at to have around £200 per week after paying your rent and council tax.