| To request a
claim form or to check your eligibility, phone the Inland Revenue
0800 500 222
The following Table is an extract
from the Inland Revenue.
|
Child
Tax Credit
|
Published
2003-04
Annual Rates
|
Approximate
Weekly equivalents
(£)
|
2004-05
Rates
|
Approximate
Weekly equivalents
(£)
|
|
|
Family
element *
|
545.00
|
10.43
|
545.00
|
10.43
|
|
|
Family
element, baby addition *
|
545.00
|
10.43
|
545.00
|
10.43
|
|
|
Child
element **
|
1,445.00
|
27.65
|
|
|
|
|
Disability
element **
|
2,155.00
|
41.23
|
|
|
|
|
Severe
disability element **
|
865.00
|
16.59
|
|
|
|
Notes
The annual amounts cannot
be divided by 52 to give the weekly amounts. This is ecause tax
credit awards are based on rounded daily amounts and so it must be
emphasised that any illustrations of weekly figures are
approximate.
* Only one family
element is available per family. Families are entitled to the
family element and the baby element in the first year of a
child’s life.
** 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 appropriate child
elements may be added together to arrive at the maximum amount
available for that child.
|
Common
features
|
2003-04
£
per year
|
Approximate
Weekly equivalents
(£)
|
2004-05
£
per year
|
Approximate
Weekly equivalents
(£)
|
|
|
First
income threshold
|
5,060.00
|
97.00
|
5,060.00
|
97.00
|
|
|
First
withdrawal rate
|
37%
|
-
|
37%
|
-
|
|
|
Second
income threshold
|
50,000.00
|
956.29
|
50,000.00
|
956.29
|
|
|
Second
withdrawal rate
|
1
in 15
|
-
|
1
in 15
|
-
|
|
|
First
threshold for those entitled to Child Tax Credit only
|
13,230.00
|
253.04
|
|
|
|
For example, unclaimed personal allowances can be retrieved from the
Inland Revenue up to six years later, but the new tax credits, like most
state benefits, may only be backdated for up to three months.
Back
|