2014 No. 384
The Child Benefit and Tax Credits Up-rating Order 2014
Made
Coming into force
for the purposes of article 2
for the purposes of articles 3 and 4
Following a review in the tax year ending with 5th April 2014 of the sums specified in section 150(1)(i) of the Social Security Administration Act 19921 (“the Great Britain Administration Act”) (annual up-rating of benefits) the Treasury have determined that the general level of prices in Great Britain has increased by at least 1 per cent over the period under review.
Section 132(1) of the Social Security Administration (Northern Ireland) Act 19922 (“the Northern Ireland Administration Act”) provides that, whenever the Treasury make an Order under section 150 of the Great Britain Administration Act, they may make corresponding provision in respect of Northern Ireland.
Following a review under section 41(1) in the tax year ending 5th April 2014 of the amounts specified in section 41(2) of the Tax Credits Act 20023, the Treasury have determined that the general level of prices in the United Kingdom has increased by at least 1 per cent over the period under review.