Regulation 4 Amendment of the Income Thresholds Regulations
(1)
The Income Thresholds Regulations are amended as follows.
(2)
In regulation 3(3) (first income threshold for those entitled to child tax credit) for “£15,575” substitute “£16,040”.
(3)
In regulation 8(3) (determination of child tax credit) in step 4 for “£15,575” substitute “£16,040”.