The Tax Credits, Child Benefit and Guardian’s Allowance Up-rating Regulations 2023

Amendment of the Tax Credits (Income Thresholds and Determination of Rates) Regulations 2002

This section has no associated Explanatory Memorandum

4.  Regulation 3 (manner in which amounts to be determined for the purposes of section 7(1)(a) of the Act) of the Tax Credits (Income Thresholds and Determination of Rates) Regulations 2002(1) is amended as follows—

(a)in paragraph (2) for “£6,770” substitute “£7,455”; and

(b)in paragraph (3) for “£17,005” substitute “£18,725”.

(1)

S.I. 2002/2008. Regulation 3 was last amended by S.I. 2022/231.