2012 - 2013 Tax Credits

lazyman72

I will check and come back but i dont think it is in addition to the child element, i read it as an either or as the disabled child element is higher for that reason, if anyone can point me in the direction of a website that clarifies this then i would be grateful, if it is the case that it is additional then i can just change a field on the children element of my spreadsheet that will change this.

If that is the case the calculation i get is £127.64 a week compared to 24.18 per week. Think we need confirmation on this

lazyman72

Just checked and it seems disabled child element is in addition to the child element and have changed my spreadsheet accordingly i have pasted the result below

Salary37000
Threshold6420
41% of Balance - Taper12537.8
Basic Element1920
Couple / Lone Element1950
30 hour Element1790
Total 4660

Child Tax Element 545
Child Element 8070
Disabled Child Element 5900
Total 14515
Total Tax Credit 19175
Minus Taper Balance 6637.2

Weekly £127.64

Sorry for any confusion quick go ogle search would have told me that before

Hope this helps out