Rates of credit
Some of the rates of Working Tax Credit (WTC) and Child Tax Credit (CTC) have been increased for 2010/11 by small amounts, but some of the key elements have not: for example there is no change to the "family element" of £545 which is available to couples with children and combined income up to £50,000, or to the childcare element of the WTC which can cover 80% of childcare costs of up to £300 per week. The full table of rates is too large and complex for this brief summary. |