Amendment of the Working Tax Credit (Entitlement and Maximum Rate) Regulations 2002

2.  The table in Schedule 2 (maximum rates of the elements of a working tax credit) to the Working Tax Credit (Entitlement and Maximum Rate) Regulations 2002(1) is amended as follows—

(a) in item 1 (basic element), in the second column for “£2,280” substitute “£2,435”;

(b) in item 2 (disability element), in the second column for “£3,685” substitute “£3,935”;

(c) in item 3 (30 hours element), in the second column for “£950” substitute “£1,015”;

(d) in items 4 (second adult element) and 5 (lone parent element), in the second column for “£2,340” substitute “£2,500”; and

(e) in item 6 (severe disability element), in the second column for “£1,595” substitute “£1,705”.

(1)

S.I. 2002/2005. Schedule 2 has most recently been amended by S.I. 2023/237.