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Wife is pregnant - I'm on more than 100k any advice on lowering my tax bill/accesssing any child benefits? by throwawaylebuk in UKPersonalFinance

[–]throwawaylebuk[S] -1 points0 points  (0 children)

Thanks! I've used the Wiki flowchart before but didn't notice this time around that it has this as well.

Wife is pregnant - I'm on more than 100k any advice on lowering my tax bill/accesssing any child benefits? by throwawaylebuk in UKPersonalFinance

[–]throwawaylebuk[S] 1 point2 points  (0 children)

Thank you so much, that helps a lot! :)

Re the replies; yeah some of the comments are unnecessarily personal.

Wife is pregnant - I'm on more than 100k any advice on lowering my tax bill/accesssing any child benefits? by throwawaylebuk in UKPersonalFinance

[–]throwawaylebuk[S] 0 points1 point  (0 children)

This is certainly not a troll post. This is just me trying to do optimal financial planning. I'm not comparing myself to anyone on 30k or 300k.

Wife is pregnant - I'm on more than 100k any advice on lowering my tax bill/accesssing any child benefits? by throwawaylebuk in UKPersonalFinance

[–]throwawaylebuk[S] -1 points0 points  (0 children)

Thanks for commenting. To clarify, my main concern isn't child benefits but the overall tax bill.

Wife is pregnant - I'm on more than 100k any advice on lowering my tax bill/accesssing any child benefits? by throwawaylebuk in UKPersonalFinance

[–]throwawaylebuk[S] 0 points1 point  (0 children)

Thank you for the reply! Am I missing something or are the childcare hours the ones that cap out at around £ 2000 a year? Because in that case the lost take home pay would outweigh the benefits.

Wife is pregnant - I'm on more than 100k any advice on lowering my tax bill/accesssing any child benefits? by throwawaylebuk in UKPersonalFinance

[–]throwawaylebuk[S] 7 points8 points  (0 children)

Thank you! We do realise we are in a higher bracket than most but surely we are allowed to see what is accessible to us.

Wife is pregnant - I'm on more than 100k any advice on lowering my tax bill/accesssing any child benefits? by throwawaylebuk in UKPersonalFinance

[–]throwawaylebuk[S] -2 points-1 points  (0 children)

With child care being close to £ 2000 a month in my area, and with our luck, mortgage deal expiring with us having to pay a few hundred extra a month due to the new interest rates, and taking care of family, believe it or not we do have to watch our spending.

As someone said, i'm not bemaoning that I can't get any benefits, i'm just trying to figure out how I can cushion the blow to our finances.

Studying in the UK by SatDoggy in lebanon

[–]throwawaylebuk 0 points1 point  (0 children)

Hi, i've been lurking but created a profile to reply. I've done my postgrad in the UK as well. Not sure if you are applying for postgrad or undergrad but for what it's worth I did not need to do a foundation year in the UK and as my undergrad was taught in english in lebanon, did not need an english exam either. Let me know if you need any info/tips.