Tax credits rates and thresholds

The rates and thresholds of the tax credits are shown below.

Working Tax Credit – £ per year (unless stated)
Rates and Thresholds	April 2010	April 2011
Basic element	£1,920	£1,920
Couple and lone parent element	£1,890	£1,950
30 hour element	£790	£790
Disabled worker element	£2,570	£2,650
Severe disability element	£1,095	£1,130
50+ Return to work payment(16-29 hours)	£1,320	£1,365
50+ Return to work payment(30+ hours)	£1,965	£2,030

Childcare element of the Working Tax Credit – £ per year (unless
stated)
Rates and Thresholds	April 2010	April 2011
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%	70%

Child Tax Credit – £ per year (unless stated)
Rates and Thresholds	April 2010	April 2011
Child Tax Credit Family element	£545	£545
Family element, baby addition	£545	Withdrawn
Child element	£2,300	£2,555
Disabled child element	£2,715	£2,800
Severely disabled child element	£1,095	£1,130

Income thresholds and withdrawal rates – £ per year (unless stated)
Rates and Thresholds	April 2010	April 2011
First income threshold	£6,420	£6,420
First withdrawal rate (per cent)	39%	41%
Second income threshold	£50,000	£40,000
Second withdrawal rate (per cent)	6.67%	41%
First threshold for those entitled to Child Tax Credit only	£16,190	£15,860
Income disregard	£25,000	£10,000

Child Benefit – £ per week
Rates	April 2010	April 2011
Eldest/Only Child	£20.30	£20.30
Other Children	£13.40	£13.40

Guardian Allowance – £ per week
Rates	April 2010	April 2011
Guardian’s Allowance	£14.30	£14.75