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Resources FAQ State Benefits Working and Child Tax Credit and Child Benefit Rates 2008/09
Working and Child Tax Credit and Child Benefit Rates 2008/09 PDF Print E-mail
 
Working and Child Tax Credit
£ per year (unless stated) 

2008/09

2007/08

Working Tax Credit

 

Basic element 

£1,800

£1,730

Couple and lone parent element

£1,770

£1,700

30 hour element 

£735

£705

Disabled worker element 

£2,405

£2,310

Severe disability element

£1,020

£980

50+ Return to work payment (16-29 hours)

£1,235

£1,185

50+ Return to work payment (30+ hours)

£1,840

£1,770

Childcare element of the Working Tax Credit

 

Maximum eligible cost for one child

£175 per week

£175 per week

Maximum eligible cost for two or more children

£300 per week

£300 per week

Percentage of eligible costs covered

80%

80%

Child Tax Credit

 

Family element

£545

£545

Family element, baby addition 

£545

£545

Child element 

£2,085

£1,845

Disabled child element 

£2,540

£2,440

Severely disabled child element 

£1,020

£980

Income thresholds and withdrawal rates

 

First income threshold

£6,420

£5,220

First withdrawal rate 

39%

37%

Second income threshold 

£50,000

£50,000

Second withdrawal rate 

6.67%

6.67%

First threshold for those entitled to Child Tax Credit only

£15,575

£14,495

Income disregard

£25,000

£25,000

 
Child Benefit and Guardian’s Allowance rates from 6 April 2008
£ per week

2008/09

2007/08

Eldest/Only Child 

£18.80

£18.10

Other Children 

£12.55

£12.10

Guardian’s Allowance

£13.45

£12.95

  
 
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