Benefit Entitlements:
How much do you get?The amount of working tax credit you get depends on various things including your annual income. Payment is made up of different elements:
|
Working tax credit elements |
|
Maximum amount for the 2006-2007 tax year |
|
Basic element paid to everyone who is entitled to receive Working Tax Credit |
|
£1,665 |
|
Second adult element |
|
£1,640 |
|
Lone parent element |
|
£1,640 |
|
An element payable if you work 30 hours or more per week |
|
£680 |
|
Disability element |
|
£2,225 |
|
Severe disability element |
|
£945 |
|
An element payable if you're 50 or over and returning to work |
|
£1,140 (if you're working between 16 and 29 hours per week) £1,705 (if you're working 30 or more hours per week) |
|
A childcare element, where you can get back up to 80 per cent of your costs for eligible childcare |
|
£175 maximum eligible cost per week if you're paying for one child
£300 maximum eligible cost per week if you're paying for two or more children |
|