TCM4000 Reference Section Inland Revenue Rates and Allowances
Tax Credits

Working Families' Tax Credit (WFTC) per Week
2000-01
per Week
from 10 April 2001
per Week
from 4 June 2001
Basic tax credit £53.15 £54.00 £59.00
30-hour tax credit £11.25 £11.45 £11.45
Child tax credits Under 16 (note 1) £25.60 £26.00 £26.00
16-18 £26.35 £26.75 £26.75
Disabled child tax credit (note 2) £22.25 £30.00 £30.00
Enhanced Disability Tax Credit (lone parent / couple) n/a £16.00 £16.00
Enhanced Disability Tax Credit (child) (note 3) n/a £41.05 £41.05
Maximum eligible childcare costs allowed - 1 child (note 4) £100.00 £100.00 £135.00
Maximum eligible childcare costs allowed - 2 or more children (note 4) £150.00 £150.00 £200.00
Income threshold £91.45 £92.90 £92.90
Note 1 For awards starting from June 2000 for 2000-01
Note 2 From October 2000
Note 3 Includes the disabled child tax credit for relevant awards starting from April 2001
Note 4 Childcare tax credit is 70% of eligible childcare costs allowed

Disabled Person's Tax Credit (DPTC) per Week
2000-01
per Week
from 10 April 2001
per Week
from 4 June 2001
Single person basic tax credit £55.15 £56.05 £61.05
Lone parent/couple basic tax credit £84.90 £86.25 £91.25
30-hour tax credit £11.25 £11.45 £11.45
Child tax credits Under 16 (note 1) £25.60 £26.00 £26.00
16-18 £26.35 £26.75 £26.75
Disabled child tax credit £22.25 £30.00 £30.00
Enhanced Disability Tax Credit (lone parent / couple) n/a £16.00 £16.00
Enhanced Disability Tax Credit (single person) n/a £11.05 £11.05
Enhanced Disability Tax Credit (child) (note 2) n/a £41.05 £41.05
Maximum eligible childcare costs allowed - 1 child (note 3) £100.00 £100.00 £135.00
Maximum eligible childcare costs allowed - 2 or more children (note 3) £150.00 £150.00 £200.00
Income threshold - single person £71.10 £72.25 £72.25
Income threshold - lone parent / couple £91.45 £92.90 £92.90
Note 1 For awards starting from June 2000 for 2000-01
Note 2 Includes the disabled child tax credit for relevant awards starting from April 2001
Note 3 Childcare tax credit is 70% of eligible childcare costs allowed

Children's Tax Credit (CTC) 2000 - 2001 2001 - 2002
n/a £5,200
This figure replaces the amount (£4,420) of CTC for 2001-02 previously announced. The maximum CTC reduction for 2001-02 will be £520.00. If the claimant's income exceeds the basic rate limit, their entitlement to CTC will be reduced.

For tax year 2002-03 it is proposed there will be an additional amount of CTC £5,200 available for the tax year of a qualifying child’s birth. This additional amount will be added to the normal level of CTC (currently also £5,200) and will be available in relation to that child for one tax year only.

Source: HM Government Inland Revenue