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Tax credits: regulations

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The Tax Credits Up-rating Regulations, SI 2012/849, set the various monetary elements and thresholds of child tax credit and working tax credit with effect from 6 April 2012, as announced in the June 2010 Budget, the October 2010 spending review and last year’s autumn statement.

The Tax Credits (Miscellaneous Amendments) Regulations, SI 2012/848, make several changes to the tax credits regulations, including a change to the working hours condition for working tax credit claimed by couples with children.

Issue: 1116
Categories: News , Private client taxes
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