Tax credits, Child Benefit and Guardian's Allowance — rates and allowances
Updated 29 February 2024
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This publication is available at https://www.gov.uk/government/publications/rates-and-allowances-tax-credits-child-benefit-and-guardians-allowance/tax-credits-child-benefit-and-guardians-allowance
These tables show rates and allowances for tax credits, Child Benefit and Guardian’s Allowance by tax year (6 April to 5 April).
Working Tax Credit rates
The maximum annual Working Tax Credit rates are shown in the following table.
| Rates (£ per year) | 2024 to 2025 | 2023 to 2024 | 2022 to 2023 |
|---|---|---|---|
| Basic element | £2,435 | £2,280 | £2,070 |
| Couple and lone parent element | £2,500 | £2,340 | £2,125 |
| 30 hour element | £1,015 | £950 | £860 |
| Disabled worker element | £3,935 | £3,685 | £3,345 |
| Severe disability element | £1,705 | £1,595 | £1,445 |
Childcare element of Working Tax Credit
The maximum weekly childcare costs you can claim for and percentage of costs covered are shown in the following table.
| Rates (£ per week) | 2024 to 2025 | 2023 to 2024 | 2022 to 2023 |
|---|---|---|---|
| Maximum eligible cost for 1 child | £175 | £175 | £175 |
| Maximum eligible cost for 2 or more children | £300 | £300 | £300 |
| Percentage of eligible costs covered | 70% | 70% | 70% |
Child Tax Credit rates
The maximum annual Child Tax Credit rates are shown in the following table.
| Rates (£ per year) | 2024 to 2025 | 2023 to 2024 | 2022 to 2023 |
|---|---|---|---|
| Child Tax Credit family element | £545 | £545 | £545 |
| Child element | £3,455 | £3,235 | £2,935 |
| Disability element: disabled child rate | £4,170 | £3,905 | £3,545 |
| Disability element: severely disabled child rate | £1,680 | £1,575 | £1,430 |
Tax credits income thresholds and withdrawal rates
The annual tax credits income thresholds and withdrawal rates are shown in the following table.
| Rates (£ per year) | 2024 to 2025 | 2023 to 2024 | 2022 to 2023 |
|---|---|---|---|
| Income threshold | £7,955 | £7,455 | £6,770 |
| Withdrawal threshold rate (%) | 41% | 41% | 41% |
| Threshold for those entitled to Child Tax Credit only | £19,995 | £18,725 | £17,005 |
| Income rise disregard | £2,500 | £2,500 | £2,500 |
| Income fall disregard | £2,500 | £2,500 | £2,500 |
Get help working out your income.
Child Benefit rates
The weekly Child Benefit rates are shown in the following table.
| Rates (£ per week) | 2024 to 2025 | 2023 to 2024 | 2022 to 2023 |
|---|---|---|---|
| Eldest or only child | £25.60 | £24 | £21.80 |
| Other children | £16.95 | £15.90 | £14.45 |
Guardian’s Allowance rates
The weekly Guardian’s Allowance rates are shown in the following table.
| Rates (£ per week) | 2024 to 2025 | 2023 to 2024 | 2022 to 2023 |
|---|---|---|---|
| Guardian’s Allowance | £21.75 | £20.40 | £18.55 |
Get the HMRC app
The HMRC app is a quick and easy way to get information about your tax credits and benefits as well as your tax and National Insurance.
You can use it to manage your Child Benefit, including:
- making a new claim
- viewing payment information
- amending your claim
- updating your details