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HMRC internal manual

Tax Credits Manual

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HM Revenue & Customs
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Miscellaneous (A to B): rates and thresholds (Info)

 

2016 -2017 rates and thresholds

WTC elements Maximum annual rate Daily rate
     
Basic £1,960 £5.36
Lone parent / 2nd adult £2,010 £5.50
30 Hour £810 £2.22
Disability £2,970 £8.12
Severe Disability £1,275 £3.49

 

CTC elements Maximum annual rate Daily rate
     
Child/Young person  £2,780 £7.60
Disability £3,140 £8.58
Severe Disability £1,275 £3.49
Family £545 £1.50

 

Childcare Maximum eligible costs Weekly rates
     
One child 70% £175.00
Two or more children 70% £300.00

 

WTC and CTC income thresholds and withdrawal rates 

Intial taper start point (WTC) £6,420
   
Intital taper start point (CTC only)   £16,105
Taper rate (%) 41%
Income Increase Allowance £2,500
Income Decrease Allowance £2,500

 

2015-2016 rates and thresholds

WTC elements Maximum annual rate Daily rate
     
Basic £1,960 £5.36
Lone parent / 2nd adult £2,010 £5.50
30 Hour £810 £2.22
Disability £2,970 £8.12
Severe Disability £1,275 £3.49

 

CTC elements Maximum annual rate Daily rate
     
Child / Young person £2,780 £7.60
Disability £3,140 £8.58
Severe Disability £1,275 £3.49
Family £545 £1.50

 

 

Childcare Maximum eligible costs Weekly rates
     
One child 70% £175.00
Two or more children 70% £300.00

 

 

WTC and CTC income thresholds and withdrawal rates 

 

Initial taper start point (WTC) £6,420
   
Initial taper start point (CTC only) £16,105
Taper rate (%) 41%
Income Increase Allowance £5,000
Income Decrease Allowance £2,500

2014-2015 rates and thresholds

WTC elements Maximum annual rate Daily rate
     
Basic £1,940 £5.32
Lone parent / 2nd adult £1,990 £5.46
30 Hour £800 £2.20
Disability £2,935 £8.05
Severe Disability £1,255 £3.44

 

CTC elements Maximum annual rate Daily rate
     
Child / Young person £2,750 £7.54
Disability £3,100 £8.50
Severe Disability £1,255 £3.44
Family £545 £1.50

 

 

Childcare Maximum eligible costs Weekly rates
     
One child 70% £175.00
Two or more children 70% £300.00

 

 

WTC and CTC income thresholds and withdrawal rates 

 

Initial taper start point (WTC) £6,420
   
Initial taper start point (CTC only) £16,010
Taper rate (%) 41%
Income Increase Allowance £5,000
Income Decrease Allowance £2,500

2013-2014 rates and thresholds

WTC elements Maximum annual rate Daily rate
     
Basic £1,920 £5.27
Lone parent / 2nd adult £1,970 £5.40
30 Hour £790 £2.17
Disability £2,855 £7.83
Severe Disability £1,220 £3.35

 

CTC elements Maximum annual rate Daily rate
     
Child / Young person £2,720 £7.46
Disability £3,015 £8.27
Severe Disability £1,220 £3.35
Family £545 £1.50

 

 

Childcare Maximum eligible costs Weekly rates
     
One child 70% £175.00
Two or more children 70% £300.00

 

 

WTC and CTC income thresholds and withdrawal rates

 

Note: The Income Increase Allowance decreased from £10,000 to £5,000 from 6 April 2013

Initial taper start point (WTC) £6,420
   
Initial taper start point (CTC only) £15,910
Taper rate (%) 41%
Income Increase Allowance £5,000
Income Decrease Allowance £2,500

2012-2013 rates and thresholds

Note: The 50+ elements of WTC have been withdrawn from 06-04-2012

WTC elements Maximum annual rate Daily rate
     
Basic £1,920 £5.27
Lone parent / 2nd adult £1,950 £5.35
30 Hour £790 £2.17
Disability £2,790 £7.65
Severe Disability £1,190 £3.27

 

CTC elements Maximum annual rate Daily rate
     
Child / Young person £2,690 £7.37
Disability £2,950 £8.09
Severe Disability £1,190 £3.27
Family £545 £1.50

 

 

Childcare Maximum eligible costs Weekly rates
     
One child 70% £175.00
Two or more children 70% £300.00

 

 

WTC and CTC income thresholds and withdrawal rates

 

Note: The second taper start point of £40,000 for CTC Family element was withdrawn from 06-04-2012

Note: An income disregard of £2,500 for a decrease in income was introduced from 06-04-2012

Initial taper start point (WTC) £6,420
   
Initial taper start point (CTC only) £15,860
Taper rate (%) 41%
Income Increase Allowance £10,000
Income Decrease Allowance £2,500

2011-2012 rates and thresholds

Note: The 50+ element will be withdrawn on 6 April 2012. Award notices issued from 11 October 2011 will show a revised award for 2011-2012, but will not explain that the 50+ element will stop in April 2012.

WTC elements Maximum annual rate Daily rate
     
Basic £1,920 £5.25
Lone parent / 2nd adult £1,950 £5.33
30 Hour £790 £2.16
Disability £2,650 £7.25
Severe Disability £1,130 £3.09
50+ (16-29 hours) £1,365 £3.73
50+ (30+ hours) £2,030 £5.55

 

CTC elements Maximum annual rate Daily rate
     
Child / Young person £2,555 £6.99
Disability £2,800 £7.66
Severe Disability £1,130 £3.09
Family £545 £1.49

 

 

Childcare Maximum eligible costs Weekly rates
     
One child 70% £175.00
Two or more children 70% £300.00

 

 

WTC and CTC income thresholds and withdrawal rates 

 

Initial taper start point (WTC) £6,420
   
Initial taper start point (CTC only) £15,860
First taper rate (%) 41%
Second taper start point (CTC Family element) £40,000
Second taper rate (%) 41%
Income Increase Allowance £10,000

2010-2011 rates and thresholds

WTC elements Maximum annual rate Daily rate
     
Basic £1,920 £5.27
Lone parent / 2nd adult £1,890 £5.18
30 Hour £790 £2.17
Disability £2,570 £7.05
Severe Disability £1,095 £3.00
50+ (16-29 hours) £1,320 £3.62
50+ (30+ hours) £1,965 £5.39

 

CTC elements Maximum annual rate Daily rate
     
Child / Young person £2,300 £6.31
Disability £2,715 £7.44
Severe Disability £1,095 £3.00
Family £545 £1.50
Baby £545 £1.50

 

 

Childcare Maximum eligible costs Weekly rates
     
One child 80% £175.00
Two or more children 80% £300.00

 

 

WTC and CTC income thresholds and withdrawal rates 

 

Initial taper start point (WTC) £6,420
   
Initial taper start point (CTC only) £16,190
First taper rate (%) 39%
Second taper start point (CTC Family element) £50,000
Second taper rate (%) 6.67%
Income Increase Allowance £25,000

2009-2010 rates and thresholds

WTC elements Maximum annual rate Daily rate
     
Basic £1,890 £5.18
Lone parent / 2nd adult £1,860 £5.10
30 Hour £775 £2.13
Disability £2,530 £6.94
Severe Disability £1,075 £2.95
50+ (16-29 hours) £1,300 £3.57
50+ (30+ hours) £1,935 £5.31

 

CTC elements Maximum annual rate Daily rate
     
Child / Young person £2,235 £6.13
Disability £2,670 £7.32
Severe Disability £1,075 £2.95
Family £545 £1.50
Baby £545 £1.50

 

 

Childcare Maximum eligible costs Weekly rates
     
One child 80% £175.00
Two or more children 80% £300.00

 

 

WTC and CTC income thresholds and withdrawal rates 

 

Initial taper start point (WTC) £6,420
   
Initial taper start point (CTC only) £16,040
First taper rate (%) 39%
Second taper start point (CTC Family element) £50,000
Second taper rate (%) 6.67%
Income Increase Allowance £25,000

2008-2009 rates and thresholds

WTC elements Maximum annual rate Daily rate
     
Basic £1,800 £4.94
Lone parent / 2nd adult £1,770 £4.85
30 Hour £735 £2.02
Disability £2,405 £6.59
Severe Disability £1,020 £2.80
50+ (16-29 hours) £1,235 £3.39
50+ (30+ hours) £1,840 £5.05

 

CTC elements Maximum annual rate Daily rate
     
Child / Young person £2,085 £5.71
Disability £2,540 £6.96
Severe Disability £1,020 £2.80
Family £545 £1.50
Baby £545 £1.50

 

 

Childcare Maximum eligible costs Weekly rates
     
One child 80% £175.00
Two or more children 80% £300.00

 

 

WTC and CTC income thresholds and withdrawal rates 

 

Initial taper start point (WTC) £6,420
   
Initial taper start point (CTC only) £15,575
First taper rate (%) 39%
Second taper start point (CTC Family element) £50,000
Second taper rate (%) 6.67%
Income Increase Allowance £25,000

2007-2008 rates and thresholds

WTC elements Maximum annual rate Daily rate
     
Basic £1,730 £4.73
Lone parent / 2nd adult £1,700 £4.65
30 Hour £705 £1.93
Disability £2,310 £6.32
Severe Disability £980 £2.68
50+ (16-29 hours) £1,185 £3.24
50+ (30+ hours) £1,770 £4.84

 

CTC elements Maximum annual rate Daily rate
     
Child / Young person £1,845 £5.05
Disability £2,440 £6.67
Severe Disability £980 £2.68
Family £545 £1.49
Baby £545 £1.49

 

 

Childcare Maximum eligible costs Weekly rates
     
One child 80% £175.00
Two or more children 80% £300.00

 

 

WTC and CTC income thresholds and withdrawal rates 

 

Initial taper start point (WTC) £5,220
   
Initial taper start point (CTC only) £14,495
First taper rate (%) 37%
Second taper start point (CTC Family element) £50,000
Second taper rate (%) 6.67%
Income Increase Allowance £25,000

2006-2007 rates and thresholds

WTC elements Maximum annual rate Daily rate
     
Basic £1,665 £4.57
Lone parent / 2nd adult £1,640 £4.50
30 Hour £680 £1.87
Disability £2,225 £6.10
Severe Disability £945 £2.59
50+ (16-29 hours) £1,140 £3.13
50+ (30+ hours) £1,705 £4.68

 

CTC elements Maximum annual rate Daily rate
     
Child / Young person £1,765 £4.84
Disability £2,350 £6.44
Severe Disability £945 £2.59
Family £545 £1.50
Baby £545 £1.50

 

 

Childcare Maximum eligible costs Weekly rates
     
One child 80% £175.00
Two or more children 80% £300.00

 

 

WTC and CTC income thresholds and withdrawal rates 

 

Initial taper start point (WTC) £5,220
   
Initial taper start point (CTC only) £14,155
First taper rate (%) 37%
Second taper start point (CTC Family element) £50,000
Second taper rate (%) 6.67%
Income Increase Allowance £25,000

2005-2006 rates and thresholds

WTC elements Maximum annual rate Daily rate
     
Basic £1,620 £4.44
Lone parent / 2nd adult £1,595 £4.37
30 Hour £660 £1.81
Disability £2,165 £5.94
Severe Disability £920 £2.53
50+ (16-29 hours) £1,110 £3.05
50+ (30+ hours) £1,660 £4.55

 

CTC elements Maximum annual rate Daily rate
     
Child / Young person £1,690 £4.64
Disability £2,285 £6.27
Severe Disability £920 £2.53
Family £545 £1.50
Baby £545 £1.50

 

 

Childcare Maximum eligible costs Weekly rates
     
One child 70% £175.00
Two or more children 70% £300.00

 

 

WTC and CTC income thresholds and withdrawal rates 

 

Initial taper start point (WTC) £5,220
   
Initial taper start point (CTC only) £13,910
First taper rate (%) 37%
Second taper start point (CTC Family element) £50,000
Second taper rate (%) 6.67%
Income Increase Allowance £2,500

2004-2005 rates and thresholds

WTC elements Maximum annual rate Daily rate
     
Basic £1,570 £4.31
Lone parent / 2nd adult £1,545 £4.24
30 Hour £640 £1.76
Disability £2,100 £5.76
Severe Disability £890 £2.44
50+ (16-29 hours) £1,075 £2.95
50+ (30+ hours) £1,610 £4.42

 

CTC elements Maximum annual rate Daily rate
     
Child / Young person £1,625 £4.46
Disability £2,215 £6.07
Severe Disability £890 £2.44
Family £545 £1.50
Baby £545 £1.50

 

 

Childcare Maximum eligible costs Weekly rates
     
One child 70% £135.00
Two or more children 70% £200.00

 

 

WTC and CTC income thresholds and withdrawal rates 

 

Initial taper start point (WTC) £5,060
   
Initial taper start point (CTC only) £13,480
First taper rate (%) 37%
Second taper start point (CTC Family element) £50,000
Second taper rate (%) 6.67%
Income Increase Allowance £2,500

2003-2004 rates and thresholds

WTC elements Maximum annual rate Daily rate
     
Basic £1,525 £4.17
Lone parent / 2nd adult £1,500 £4.10
30 Hour £620 £1.70
Disability £2,040 £5.58
Severe Disability £865 £2.37
50+ (16-29 hours) £1,045 £2.86
50+ (30+ hours) £1,565 £4.28

 

CTC elements Maximum annual rate Daily rate
     
Child / Young person £1,445 £3.95
Disability £2,155 £5.89
Severe Disability £865 £2.37
Family £545 £1.49
Baby £545 £1.49

 

 

Childcare Maximum eligible costs Weekly rates
     
One child 70% £135.00
Two or more children 70% £200.00

 

 

WTC and CTC income thresholds and withdrawal rates 

 

Initial taper start point (WTC) £5,060
   
Initial taper start point (CTC only) £13,230
First taper rate (%) 37%
Second taper start point (CTC Family element) £50,000
Second taper rate (%) 6.67%
Income Increase Allowance £2,500