I have a new client who has asked me if they can cliam for £250.00 per week child care, as they are starting to work self employed and will have a t/o of £600.00 per week?.
Or should the client be contacting hmrc? on this number?:
General help and advice with your Child Benefit
Opening hours
8.00 am to 8.00 pm, Monday to Friday 8.00 am to 4.00 pm Saturday Closed Sundays, Christmas Day, Boxing Day, and New Year's Day
Child care is not an allowable expense for the self-employed if only!!
Child benefit is a totally different thing, and I would expect your client to already be in receipt of this, as most parents are given a claim pack at the time of their childs birth. Currently a non means-tested benefit available to all - apparently shortly to become means tested!
Is Boris not a bit of a buffoon? He always seems to remind me of Prince Phillip
For Example "Voting Tory will cause your wife to have bigger breasts and increase your chances of owning a BMW M3" - erm given UC one would need to sell both.
"I think I was once given cocaine but I sneezed so it didn't go up my nose. In fact, it may have been incing sugar" - What?
-- Edited by kjmcculloch83 on Friday 29th of June 2012 05:29:58 PM
NO Definately not, it would have been nice if I could have claimed back all that childcare and school holiday clubs that my kids have gone to but unfortunately its not an allowable expense. If it was I an allowable expense I'm sure everyone would be doing it and claiming more than perhaps they should.
Just think of the benefits to the economy if it was.
Make work more financially viable for more people and avoid the situation where if you have two kids in childcare for a working week it can end up costing more than your mortgage payments each month.
Of course alot of parents may go self employed to gain more flexibility for childcare then along comes the proposals for the universal credit.....
Thanks for mentioning Universal Credits, I am still fuming over it after yesterdays discussion on here http://www.book-keepers.org.uk/t49794091/universal-credits/ and here http://www.accountingweb.co.uk/article/universal-credit-rules-hit-self-employed/528922
Will be writing to my local MP about UC but he is Tory so won't hold out much hope
Will be writing to my local MP about UC but he is Tory so won't hold out much hope
I'm a staunch capitalist of the Milton Friedman school of thinking but the UC changes are a complete mess and no matter what your political persuassion I think that there is universal condemnation for the proposals.
Just have a look at the discussions about it over on Accountingweb and you'll see what I mean.
... And here was me thinking that it wasn't possible to ever have a leadership more innept than the Gordon Brown administration... Just shows how wrong I can be!
Oh God, who do I vote for next time... Can't vote socialist, Won't vote Tory unless Boris takes over and the Liberals are a waste of time and space.
Think we need a new political party as the three that we've got are all broken.
__________________
Shaun
Responses are not meant as a substitute for professional advice. Answers are intended as outline only the advice of a qualified professional with access to all relevant information should be sought before acting on any response given.
@Shaun, I see that Accountingweb included this in their email newsletter this week, which just helped stir me up a little bit. It seems our views on politics are very similar regarding who we won't vote for and who we would like to lead the Tories
@Bill, if only there was sufficient support for UKIP to be a credible option aginst the other 3
I suppose at least Boris is a buffoon with a sense of humour, or is it? I'm not sure if he means to be funny, or is just genuinely nuts? I can't really decide.
The sad thing about Davie is that he thinks what his government are doing are in the best interests of the country, thats just frightening. As I say, fingers crossed that after 2014 I'll not really care.
I suppose at least Boris is a buffoon with a sense of humour, or is it? I'm not sure if he means to be funny, or is just genuinely nuts? I can't really decide.
Actually a very clever man, knows his history, unusually honest considering his occupation and with a great sense of humour... But he does suffer a little from my tendancy to start talking before having thought about his audience.... Some of the things that he's come out with are the equivalent of making me guest speaker at a Sage users convention.
I think at one stage hadn't he managed to insult the occupants of every major city in the UK?
Anyway, think that he would make a great leader.... Although maybe he might suffer from the Churchill syndrome of being a great leader in time of war but not so great in time of peace... Easily rectified of course, we could have tanks rolling accross France inside a week. lol
__________________
Shaun
Responses are not meant as a substitute for professional advice. Answers are intended as outline only the advice of a qualified professional with access to all relevant information should be sought before acting on any response given.
Hi All, I think I need to re-phrase my question, I think the client was asking can she till have the child care money from the government (sorry don't know the correct terminology!), whilst earning the above amount self employed, does this makes more sense???. Sorry folks!. Don't really know anything about child care and child benefit!
I may be misunderstanding but are you actually talking about the child care element of child tax credits rather than childcare vouchers releated to the actual costs?
The figure that you are quoting for weekly turnover isn't useful as you need to think about the number of weeks per year that this turnover is receieved, deduction of necessary costs etc. to come to the clients actual income for the year.
As a self employed person they (currently. See Universal Credits thread for the self employed losing everything) have an entitlement to child tax credits which take into account the childcare costs and income.
It won't come close to £250 per week.
The self employed have no entitlement to childcare costs though vouchers.
To quote from the horses mouth :
Why dont self-employed people get help with childcare costs through vouchers? Employer-supported childcare is not available for the self-employed. However, people who are self-employed can benefit from other forms of Government support with childcare costs. These include free part-time nursery places for three and four year olds, and this provision is being extended to more two year olds. The childcare element of the Working Tax Credit also offers help for working families on low and moderate incomes, including those who are self-employed.
There are calculators available on the HMRC site to work out working family and child tax credit entitlements which your client would probably be as well to use.
Hope that helps,
kind regards,
Shaun.
__________________
Shaun
Responses are not meant as a substitute for professional advice. Answers are intended as outline only the advice of a qualified professional with access to all relevant information should be sought before acting on any response given.
if only!!
(unless Nigel Farages plane is sabotaged again)
