SLATERS CHARTERED ACCOUNTANTS

162A London Road
Chesterton
Newcastle Under Lyme
Staffordshire,ST5 7JB
Tel: 01782 566101 Fax: 01782 566090

Child Tax Credit

Child Tax Credit - £ per year (unless stated)
Rates and Thresholds 2006-07 2007-08
Child Tax Credit Family element £545 £545
Family element, baby addition £545 £545
Child element £1,765 £1,845
Disabled child element £2,350 £2,440
Severely disabled child element £945 £980

Child Tax Credit

The Child Tax Credit which is means tested is potentially available to families who have responsibility for one or more children. The credit is paid direct to the main carer. There are several elements to the credit but broadly the maximum is an annual amount for 2005/06 of £1,690 per child together with a family element (one per family) of £545 per annum. The amount per child will increase at least in line with earnings up to and including 2007/08. The family element has been frozen since the introduction of the credit.

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