|
| Working Tax Credit (WTC) - £ per year (unless stated) |
|
|
2010-11 |
2009-10 |
|
|
£1,920 |
£1,890 |
Couple and lone parent element |
£1,890 |
£1,860 |
|
|
£790 |
£775 |
|
|
£2,570 |
£2,530 |
Severe disability element |
£1,095 |
£1,075 |
50+ Return to work payment (16-29 hours) |
£1,320 |
£1,300 |
50+ Return to work payment (30+ hours) |
£1,965 |
£1,935 |
| Childcare element of the Working Tax Credit - £ per year (unless stated) |
|
|
2010-11 |
2009-10 |
Maximum eligible cost for one child |
£175 per week |
£175 per week |
Maximum eligible cost for two or more children |
£300 per week |
£300 per week |
Percentage of eligible costs covered |
80% |
80% |
| Child Tax Credit (CTC) - £ per year (unless stated) |
|
|
2010-11 |
2009-10 |
Child Tax Credit Family element |
£545 |
£545 |
Family element, baby addition |
£545 |
£545 |
|
|
£1,845 |
£2,085 |
|
|
£2,440 |
£2,540 |
Severely disabled child element |
£980 |
£1,020 |
Reductions in maximum rates 39% (37%) of income above £6,420* (£5,220*) p.a.
*If only CTC is claimed, the threshold is £15,575 p.a. (£14,495). The family element of CTC is not reduced unless income is more than £50,000 p.a. when it is reduced by £1 for every £15 of additional income.
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