| Working and Child Tax Credits |
April 05 |
April 06 |
April 07 |
April 08 |
April 09 | |
| £ | £ | £ | £ | £ | ||
| Working Tax Credits -see note 1 | ||||||
| Basic element - annual | 1620.00 | 1665.00 | 1730.00 | 1800.00 | 1890.00 | |
| Additional couple's and lone parent element - annual | 1595.00 | 1640.00 | 1700.00 | 1770.00 | 1860.00 | |
| 30 hours element - annual | 660.00 | 680.00 | 705.00 | 735.00 | 775.00 | |
| Disabled worker element - annual | 2165.00 | 2225.00 | 2310.00 | 2405.00 | 2530.00 | |
| Enhanced disabled adult element - annual | 920.00 | 945.00 | 980.00 | 1020.00 | 1075.00 | |
| 50+ return to work payment 16-29 hours - see note 2 - annual | 1110.00 | 1140.00 | 1185.00 | 1235.00 | 1300.00 | |
| 50+ return to work 30+ hours - see note 2 - annual | 1660.00 | 1705.00 | 1770.00 | 1840.00 | 1935.00 | |
| Childcare element | ||||||
| maximum eligible cost two or more children (per wk) | 300.00 | 300.00 | 300.00 | 300.00 | 300.00 | |
| maximum eligible cost for one child (per wk) | 175.00 | 175.00 | 175.00 | 175.00 | 175.00 | |
| percentage of eligible costs covered | 70% | 80% | 80% | 80% | 80% | |
|
note 1 Apart from those mentioned in the footnote below, the elements for which claimants are eligible could be added together to arrive at the maximum amount of tax credit available. |
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| note 2 These elements are mutually exclusive. Where an individual works enough hours to qualify for the 50+ return to work payment (30+ hours), they cannot also qualify for the 50+ return to work payment (16-29 hours). | ||||||
| Child Tax Credit |
April 05 |
April 06 |
April 07 |
April 08 |
April 09 | |
| Family element - see note 1 - annual | 545.00 | 545.00 | 545.00 | 545.00 | 545.00 | |
| Family element baby addition - see note 1 - annual | 545.00 | 545.00 | 545.00 | 545.00 | 545.00 | |
| Child element - see note 2 - annual | 1690.00 | 1765.00 | 1845.00 | 2085.00 | 2235.00 | |
| Disabled child additional element - see note 2 - annual | 2285.00 | 2350.00 | 2440.00 | 2540.00 | 2670.00 | |
| Enhanced disabled child additional element - see note 2 - annual | 920.00 | 945.00 | 980.00 | 1020.00 | 1075.00 | |
| note 1 Only one family element is available per family. Families are entitled to the family element and the baby addition in the first year of a child’s life. | ||||||
| note 2 As well as one family element, a family will be entitled to a child element for each child for whom it has responsibility. For each child, the child elements that are appropriate may be added together to arrive at the maximum amount available for that child. | ||||||
| Common features (WTC and CTC) | ||||||
| First income threshold - annual | 5220.00 | 5220.00 | 5220.00 | 6420.00 | 6420.00 | |
| First withdrawal rate | 37% | 37% | 37% | 39% | 39% | |
| Second income threshold | 50000.00 | 50000.00 | 50000.00 | 50000.00 | 50000.00 | |
| Second withdrawal rate 1 in 5 or | 6.67% | 6.67% | 6.67% | 6.67% | 6.67% | |
| First threshold for those entitled to child tax credit only - annual | 13910.00 | 14155.00 | 14495.00 | 15575.00 | 16040.00 | |
| Income disregard | 25000.00 | 25000.00 | 25000.00 | 25000.00 | 25000.00 | |