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Tax Credits
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2016-17
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2015-16
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Basic element – maximum
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£1,960
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£1,960
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Childcare element 70% of eligible costs up to £175 per week for one child, £300 for two or more children.
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Child Tax Credits
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2016-17
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2015-16
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Child element per child – maximum
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£2,780
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£2,780
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Family element
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£545
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£545
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If only the child tax credit is claimed, the threshold is £16,105 pa.
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Disclaimer
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