Amendment of the Tax Credits (Income Thresholds and Determination of Rates) Regulations 2002
This section has no associated Explanatory Memorandum
4.—(1) The Tax Credits (Income Thresholds and Determination of Rates) Regulations 2002(1) are amended as follows.
(2) In regulation 3(3) (manner in which amounts to be determined for the purposes of section 7(1)(a) of the Act) for “£15,860” substitute “£15,910”.
(3) In regulation 5(a) (amounts prescribed for the purposes of section 7(3) of the Act) for “£10,000” substitute “£5,000”.
(4) In regulation 8(3) (determination of rate of child tax credit) in Step 4 for “£15,860” substitute “£15,910”.
(1)
S.I. 2002/2008; relevant amending instruments are S.I. 2010/751 and S.I. 2010/981.