Set, from 6 April 2012, various monetary elements and thresholds of the Child Tax Credit (CTC) and the Working Tax Credit (WTC)...
Commencement date
6 April 2012
Legislation Affected
SI 2002/2007, SI 2002/2005 and SI 2002/2008 amended
Summary
Set, from 6 April 2012, various monetary elements and thresholds of the Child Tax Credit (CTC) and the Working Tax Credit (WTC), as announced in the Emergency Budget of 22 June 2010, the October 2010 Spending Review and the Autumn Statement 2011. Certain elements of the Working Tax Credit and the Child Tax Credit in line with inflation by 5.2 per cent. An incomes fall disregard of £2,500 is introduced and the family element of Child Tax Credit immediately
