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Working and Child Tax Credit and Child Benefit Rates 2008/09 |
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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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FAQ 
