- Latest available (Revised)
- Original (As made)
This is the original version (as it was originally made). This item of legislation is currently only available in its original format.
1.—(1) These Regulations may be cited as the Tax Credits Up-rating Regulations 2004 and shall come into force on 6th April 2004.
(2) In these Regulations—
“the Child Tax Credit Regulations” means the Child Tax Credit Regulations 2002(1);
“the Entitlement Regulations” means the Working Tax Credit (Entitlement and Maximum Rate) Regulations 2002(2);
“the Income Thresholds Regulations” means the Tax Credits (Income Thresholds and Determination of Rates) Regulations 2002(3).
(3) These Regulations have effect in relation to awards of tax credits for the tax year beginning on 6th April 2004 and subsequent tax years.
2. In regulation 7(4) of the Child Tax Credit Regulations (individual element of the child tax credit)—
(a)in sub-paragraph (a) for “£3,600” substitute “£3,840”;
(b)in sub-paragraph (b) for “£4,465” substitute “£4,730”;
(c)in sub-paragraph (c) for “£1,445” substitute “£1,625”;
(d)in sub-paragraph (d) for “£3,600” substitute “£3,840”;
(e)in sub-paragraph (e) for “£4,465” substitute “£4,730”; and
(f)in sub-paragraph (f) for “£1,445” substitute “£1,625”.
3. For the Table in Schedule 2 to the Entitlement Regulations substitute the Table set out in the Schedule to these Regulations.
4. In regulation 3(3) of the Income Thresholds Regulations (first income threshold for those entitled to child tax credit) for “£13,230” substitute “£13,480”.
John Heppell
Jim Murphy
Two of the Lords Commissioners of Her Majesty’s Treasury
29th March 2004
Latest Available (revised):The latest available updated version of the legislation incorporating changes made by subsequent legislation and applied by our editorial team. Changes we have not yet applied to the text, can be found in the ‘Changes to Legislation’ area.
Original (As Enacted or Made): The original version of the legislation as it stood when it was enacted or made. No changes have been applied to the text.
Access essential accompanying documents and information for this legislation item from this tab. Dependent on the legislation item being viewed this may include:
Use this menu to access essential accompanying documents and information for this legislation item. Dependent on the legislation item being viewed this may include:
Click 'View More' or select 'More Resources' tab for additional information including: