Child Tax Credit at a rate higher than the family element?

vicxzy

Anyone know what determines whether u get the Child Tax Credit at a rate higher than the family element or not?x

mrsspendalot

vicxzy wrote: »

Anyone know what determines whether u get the Child Tax Credit at a rate higher than the family element or not?x

It goes on household income. If your income is lower, you get an element per child, tapered according to income, plus the family element of £545 a year. Once all the child elements have been tapered away due to income, all you are left with (if at all) is the family element. Or something similar to that anyway :cool:

vicxzy

Thanks, do u happen to know what the income threshold is?x

zagfles

vicxzy wrote: »

Thanks, do u happen to know what the income threshold is?x

Varies greatly depending on circumstances.

With 2 kids & working >30 hours it's about £30250.

4 kids & 300pw childcare it'd be close to £70000.

vicxzy

First child, partner works 40 hrs ish I usually work 37.5 but will be going down to 18 when I go bk to work next year?
Ive been off sick in hospital since Nov & mat pay started 1st April...
Thanks guys its all so confusing...x

zagfles

vicxzy wrote: »

First child, partner works 40 hrs ish I usually work 37.5 but will be going down to 18 when I go bk to work next year?
Ive been off sick in hospital since Nov & mat pay started 1st April...
Thanks guys its all so confusing...x

With 1 child, no disability elements and working 30+ hours, it's £24,017.

vicxzy

zagfles wrote: »

With 1 child, no disability elements and working 30+ hours, it's £24,017.

Thank you is that gross income?x

zagfles

vicxzy wrote: »

Thank you is that gross income?x

Yes...........