Yeah, just realised I haven’t included that. I also haven’t included all the benefits that they should claim, childcare vouchers and the 15 hours of free childcare per week, so all sorts of fail here! I also think £80 p/m on clothing is excessive, so taking that down to £50 p/m. We’re also assuming no maintenance from the father here, which is also probably not realistic, and no help from friends or family.
The benefits were also calulated based on 3 months of payments, and not 2 months as it actually is, so re-working them.
As I said above, I wasn’t sure the Maths was right!!
So, if the kid is at nursery, that’s about £45 per day where I am, so let’s say £40 per day in Feltham, so that’s £800 p/m. That includes breakfast, lunch and dinner for the child, and caters 8am - 6pm. However, it is probably saving £150 in food bills p/m. You are also getting childcare vouchers, so you pay £165.24 for £243 of vouchers, so that £800 becomes £722.24. Take off the £150 saving for food, that takes it down to £572.24. Take off 15 hours per week, that takes it down to £332.24 per month (leaving the £150 of food on there though as that is part of the unspent money.
Here is the new table based on the above:
| Income | £1,201.00 |
| Child Benefit | £82.00 |
| Working Tax Credit | £81.02 |
| Child tax credit | £313.61 |
| Childcare element of working tax credit | £603.75 |
| Total Income | £2,281.38 |
| | |
| | |
| Rent | £1,000.00 |
| Childcare | £482.24 |
| Council tax | £100.00 |
| Contents ins | £20.00 |
| Water | £35.00 |
| Gas and Elec | £60.00 |
| Phone | £7.50 |
| Broadband and line rental | £20.00 |
| TV License | £12.00 |
| Travel | £100.00 |
| Clothing | £50.00 |
| Total Outgoings before food | £1,886.74 |
| | |
| Total Difference: | £394.64 |
So, of this £394.64 per month, she has to purchase herself food and drink, and her child food and drink for 8 days a month.
Of course, the Maths may well be incorrect here as well, just trying to make this a fairer representative.