Working for Families
Printed From: OHbaby!
Category: Support
Forum Name: Budgeting
Forum Description: Want to save before baby arrives? Struggling on one income? Found some great ways to make your dollar go further? Share your thoughts & tips here.
URL: https://www.ohbaby.co.nz/forum/forum_posts.asp?TID=39099
Printed Date: 25 April 2024 at 10:43am
Software Version: Web Wiz Forums 12.05 - http://www.webwizforums.com
Topic: Working for Families
Posted By: _SMS_
Subject: Working for Families
Date Posted: 09 May 2011 at 7:10pm
|
For those that get it would you be able to survive if it got cut?They say you should never rely on money like WFF. But with the prices of everything now we definitely rely on it each week.
-------------  
|
Replies:
Posted By: Nothing
Date Posted: 09 May 2011 at 8:28pm
Nope if I loose my $88 I will be screwed. Im currently trying to move out of my auntys and get my own place but there would be no way I could afford to if that money was cut  I would have to get a job, but by the time I put DD in care and earn minimum wage its not worth it, I would have to do 3+ days a week *sigh damn nelson and the high rents.------------- 
|
Posted By: AandCsmum
Date Posted: 10 May 2011 at 12:33pm
|
We probably could, but at the moment it pays for my petrol and the groceries. We have no spare money this fortnight due to GST, Tax & paying off other big bills ------------- Kel http://lilypie.com"> 
A = 01.02.04 & C = 16.01.09 & G = 30.03.12 |
Posted By: kebakat
Date Posted: 10 May 2011 at 12:37pm
| We could, wouldn't be that nice but we could |
Posted By: jazzy
Date Posted: 10 May 2011 at 1:06pm
problem is they make you reliant on it & when it gets cut or goes down it hurts. I worked out our budget on DH's wages & we will survive but it will be tight. I would have to go back to work, which I am planning on doing soon so we will lose it then, but would rather lose it that way than have it taken off us. I want to put it away & use it for the kids, like school, clothes, shoes etc so if & when it goes I am prepared but at the moment something always comes up, like car repairs, birthdays, school & so on. |
_SMS_ wrote:Posted By: lilfatty
Date Posted: 10 May 2011 at 1:38pm
|
Yeah we could. It just goes into savings anyway. ------------- Mummy to Issy (3) and Elias (18 months) I did it .. 41 kgs gone! From flab to fab in under a year  http://www.femininefitness.co.nz/category/blog - LFs weight blog
|
Posted By: cuppatea
Date Posted: 10 May 2011 at 2:01pm
|
We don't get it at the moment but I've definitely factored it in for when I stop working. I think we could cope but it would make things very tight. ------------- 
 
|
Posted By: HoneybunsMa
Date Posted: 10 May 2011 at 2:34pm
|
I don't get it atm I chose to have it yearly as DP works fluctuating hours but we could live without it not easily but it'd be doable! I'm interested to see what we get this year as DPs wage went up and he came off salary but he's at a ish rate because he's in the 30% tax rate by my calculations grrrr do the govt not realise that $48000 pa is not actually that much especially when you take 30% of it ------------- http://www.myfitnesspal.com/weight-loss-ticker"> 
|
Posted By: lilfatty
Date Posted: 10 May 2011 at 3:04pm
You only pay 30% on the amount over 48k and under 70k so they arent taking 30% of his earnings. He would only be paying 10.5% on the first 14k then 17.5 on the rest of it. ------------- Mummy to Issy (3) and Elias (18 months) I did it .. 41 kgs gone! From flab to fab in under a year http://www.femininefitness.co.nz/category/blog - LFs weight blog
|
Posted By: jazzy
Date Posted: 10 May 2011 at 5:40pm
|
I think it is unfair how the tax rate was done for the in-between earners, they had a higher tax drop for the high & low incomes, it should of been across the board.
We never got WWF till we had 2 kids & then not much & now with 3 we get less than we did with 2 kids...it all helps but definitely does not pay to count on it as they are quick to take it away. |
Posted By: HoneybunsMa
Date Posted: 10 May 2011 at 8:41pm
|
Oh? I don't know much about it all I know is that he owes about $144 for last year which is fine by me its not that much.
We will play the waiting game. Hoping its a decent amount though as we got 3ish back last year and I worked part year got my holiday pay paid out and got PPL. This year it will be based solely on his wage which having had three jobs I'm not sure what he earnt  ------------- http://www.myfitnesspal.com/weight-loss-ticker">
|
Posted By: lilfatty
Date Posted: 11 May 2011 at 7:23am
But the in between earners get that special bonus these days .. (thats if you dont get wff though). ------------- Mummy to Issy (3) and Elias (18 months) I did it .. 41 kgs gone! From flab to fab in under a year http://www.femininefitness.co.nz/category/blog - LFs weight blog
|
Posted By: jazzy
Date Posted: 11 May 2011 at 11:59am
what is it? |
Posted By: lilfatty
Date Posted: 11 May 2011 at 1:56pm
Independent earner tax credit (IETC) From 1 April 2009 eligible tax payers earning between $24,000 and $48,000 will be entitled to the IETC which will lower the amount of tax to pay. Find out more information on the IETC. ------------- Mummy to Issy (3) and Elias (18 months) I did it .. 41 kgs gone! From flab to fab in under a year http://www.femininefitness.co.nz/category/blog - LFs weight blog
|
Posted By: jazzy
Date Posted: 11 May 2011 at 5:21pm
| oh ok I meant the middle range not lower, thanks. |