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

2012 No.

Tax Credits

The Tax Credits Up-rating Regulations 2012

Made

Coming into force

Following a review in the tax year 2011-12 of the amounts specified in section 41(2) of the Tax Credits Act 20021, the Treasury have determined that Regulations should be made prescribing increases in some of those amounts.

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

The Treasury make the following Regulations in the exercise of the powers conferred by sections 7(1)(a), 9, 11 to 13, 65(1) and 67 of that Act2.