The government are making cuts to a several key grants and other welfare entitlements for new parents. Including Health in Pregnancy Grant Sure Start Maternity Grant Baby element of Child Tax Credits Toddler element of Child Tax Credit Child Trust Fund For some this can be a worth up to £1735 over a pregnancy and the child's first year. These loses aren't being offset by other benefits so there loss of money will be felt. ... VIEW POST
Benefit Changes that will affect New Parents
Tax Credit Changes from April 2011
The emergency budget on 22 June set out several substantial changes to the tax credit system. Some are straightforward; others less so. Below, are those changes coming in from April 2011 under the following headings, explaining what each means and who might be affected: Increases in rates and thresholds Withdrawal rates Family element withdrawal rate The baby element Older workers Disregards ... VIEW POST
Child and Tax Credits
The HM Revenue & Customs quote that 9 out of 10 families with children are entitled to tax credits. The basic requirement is looking after at least one child; you may qualify for Child Tax Credit. If you work more than 16 hours and earn low wages then you may qualify for Tax Credits as well. How much you get depends on things like: ... VIEW POST
The HM Revenue & Customs quote that 9 out of 10 families with children are entitled to tax credits. The basic requirement is looking after at least one child; you may qualify for Child Tax
Sure Start Maternity Grant
[box type="info"]Changes in the rules for Sure Start Maternity Grant The rules for Sure Start Maternity Grant have changed for babies that are: due on or after 11 April 2011 born on or after 11 April 2011 adopted or in similar arrangements on or after 11 April 2011 The rules for your new baby and any other babies born at the same time - You can only get a Sure Start Maternity Grant if there are no other children under 16 years in your family.[/box] The Sure Start Maternity ... VIEW POST
The Sure Start Maternity Grant is a one off payment of £500 to help with the costs of a new baby. It comes from the Social Fund and you don’t have to pay it back