SCHEDULE 2 MAXIMUM RATES OF THE ELEMENTS OF A WORKING TAX CREDIT
Annotations:
Amendments (Textual)
F1Relevant element of working tax credit | Maximum annual rate |
|---|---|
1. Basic element | £1,730 |
2. Disability element | £2,310 |
3. 30 hour element | £705 |
4. Second adult element | £1,700 |
5. Lone parent element | £1,700 |
6. Severe disability element | £980 |
7. 50 plus element— | |
(a) in the case of a person who normally undertakes qualifying remunerative work for at least 16 hours but less than 30 hours per week; and | £1,185 |
(b) in the case of a person who normally undertakes qualifying remunerative work for at least 30 hours per week | £1,770 |
Sch. 2 substituted (with effect in accordance with reg. 1(3) of the amending S.I.) by The Tax Credits Up-rating Regulations 2007 (S.I. 2007/828), reg. 1(1), Sch.