Personal tax credits statistics
Child Tax Credits (CTC) and Working Tax Credits (WTC) replaced Working Families’ Tax Credit, Disabled Person’s Tax Credit and Children’s Tax Credit in April 2003.
CTC brings together income related support for children and for qualifying young people aged 16-19 who are in full time non-advanced education or approved training into a single tax credit, payable to the main carer. Families can claim whether or not the adults are in work.
WTC provides in work support for people on low incomes, with or without children.
A family will normally be eligible for WTC if it contains one of the following:
- a single person who is responsible for a child or young person and works at least 16 hours a week
- a couple who are responsible for a child or young person, and who jointly work 24 hours or more per week (NB one adult must be working at least 16 hours)
- a person who is receiving or has recently received a qualifying sickness or disability related benefit and has a disability that puts them at a disadvantage of getting a job, and who works at least 16 hours per week
- a person is aged 60 or over and works at least 16 hours per week
If none of the above applies, then a person will still be eligible for WTC if they are aged 25 and over and work 30 hours or more a week.
Tax credits are based on household circumstances and can be claimed jointly by members of a couple, or by singles. Entitlement is based on factors such as: age, income, hours worked, number and age of children, childcare costs and disabilities.
**From The HMRC Website**
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