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Tax credits
| 2021/22 | 2020/21 |
|
| Basic element | £2,005 | £3,040 |
| Couple and lone parent element | £2,060 | £2,045 |
| 30-hour element1 | £830 | £825 |
| Disabled worker element | £3,240 | £3,220 |
| Severe disability element | £1,400 | £1,390 |
| Maximum eligible cost for one child | £175 p/w | £175 p/w |
| Maximum eligible cost for two or more children | £300 p/w | £300 p/w |
| Percentage of eligible costs covered | 70% | 70% |
| Child tax credit family element | £545 | £545 |
| Child element | £2,845 | £2,830 |
| Income threshold | £6,565 | £6,530 |
| Withdrawal rate | 41% | 41% |
| First threshold for those entitled to child tax credit only | £16,480 | £16,385 |
| Income rise disregard | £2,500 | £2,500 |
| Income fall disregard | £2,500 |
£2,500 |
Limit child element in tax credits and Universal Credit
The Child Element of tax credits and Universal Credit is no longer awarded for third and subsequent children born after 6 April 2017. Multiple births and other exceptional circumstances will be protected from the two children limit.
