TCTM03101 - Maximum Rates
Working Tax Credit
The Working Tax Credit (Entitlement and Maximum Rate) Regulations 2002, Reg. 20 and Schedule 2
The Working Tax Credit contains several different elements, including additional amounts for working people with a disability, for people with a severe disability and the cost of registered or approved childcare. The maximum value of each element is listed below, but the amount a claimant, or joint claimants will get depends on their income.
| Element |
Maximum annual rate - 2009-10 |
|---|---|
| Basic element TCTM02310 |
£1,890 |
| Disability element TCTM02310 |
£2,530 |
| 30 hour element TCTM02310 |
£775 |
| Second adult element TCTM02310 |
£1,860 |
| Lone parent element TCTM02310 |
£1,860 |
| Severe disability element TCTM02310 |
£1,075 |
| 50 plus element (16 - 29 hours a week)* TCTM02310 |
£1,300 |
| 50 plus element (30+ hours a week)* TCTM02310 |
£1,935 |
* The 50 plus elements are mutually exclusive: where an individual works enough hours to qualify for the 50 plus element (30+ hours a week), he or she cannot also receive the 50 plus element (16 - 29 hours a week).
Child care element
The maximum rate of childcare element is 80% of the maximum eligible cost.
| Element |
Maximum eligible cost |
|---|---|
| Families with one child |
£175 |
| Families with two or more children |
£300 |
So, the maximum child care element a person can get is either:
- £140 a week (£175 x 80%) for one child, or
- £240 a week (£300 x 80%) for two or more children
