Amendment of the Tax Credits (Income Thresholds and Determination of Rates) Regulations 20024

Regulation 3 (manner in which amounts to be determined for the purposes of section 7(1)(a) of the Act) of the Tax Credits (Income Thresholds and Determination of Rates) Regulations 200212 is amended as follows—

a

in paragraph (2) for “£6,770” substitute “£7,455”; and

b

in paragraph (3) for “£17,005” substitute “£18,725”.