The Tax Credits Up-rating Regulations 2005

Draft Regulations laid before Parliament under section 66(1) and (2) of the Tax Credits Act 2002, for approval by resolution of each House of Parliament.

Draft Statutory Instruments

2005 No.

social security

The Tax Credits Up-rating Regulations 2005

Made

2005

Coming into force

6th April 2005

As a result of carrying out in the tax year 2004-05 a review of the amounts specified in section 41(2) of the Tax Credits Act 2002(1) (“the Act”)and in accordance with section 41(1) of the Act, the Treasury have determined that Regulations should be made prescribing increases in some of those sums.

A draft of these Regulations was laid before Parliament in accordance with section 66(1) and (2)(a) of the Act and approved by resolution of each House of Parliament.

Accordingly the Treasury in exercise of the powers conferred upon them by sections 7(1)(a), 9, 11, 13 and 65(1) of the Act, make the following Regulations:

(1)

2002 c.21.