Amendment of the Income Thresholds Regulations
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4.—(1) The Income Thresholds Regulations are amended as follows.
(2) In regulation 3(3) (first income threshold for those entitled to child tax credit) for “£15,575” substitute “£16,040”.
(3) In regulation 8(3) (determination of child tax credit) in step 4 for “£15,575” substitute “£16,040”.