Regulation 3 Amendment of the Working Tax Credit (Entitlement and Maximum Rate) Regulations

The Working Tax Credit (Entitlement and Maximum Rate) Regulations 2002^f1 are amended as follows.

In regulation 20(2) (the childcare percentage) for “80 per cent” substitute “70 per cent”.

For the Table in Schedule 2 (maximum rates of the elements of a working tax credit) substitute the Table set out in the Schedule to these Regulations.