Newer version available

There is a newer version of this publication available:
Children's Handbook Scotland | 2024/25

Tax credit rates

Tax credit rates

		£ per day	£ per year
Child tax credit
Family element (child born before 6 April 2017)		1.50	545
Child element		9.47	3,455
Disabled child element
	Lower rate	11.43	4,170
	Higher rate for a severely disabled child	16.03	5,850
Working tax credit
Basic element		6.68	2,435
Lone parent element		6.85	2,500
Couple element		6.85	2,500
30-hour element		2.79	1,015
Disabled worker element		10.79	3,935
Severe disability element		4.68	1,705
Childcare element	70% of eligible weekly childcare costs:
	One child	weekly maximum 175
	Two or more children	weekly maximum 300
Thresholds
Income threshold	Working tax credit only or with child tax credit		7,955
	Child tax credit only		19,995
Taper			41%
Income increase disregard			2,500