Childcare element
Maximum eligible cost for one child £175 per week.
Maximum eligable cost for two or more children £300 per week
Percentage of eligable costs covered - 80%
Child Tax Credit (CTC)
Child element per child - max.
2,085
1,845
Family element
545
545
Baby addition
545
545
Reductions in maximum rates 39% of income above £6,420*p.a.
*If only CTC is claimed, the threshold is £15,575 p.a. (£14,495). The family element of CTC is not reduced unless income is more than £50,000 p.a. when it is reduced by £1 for every £15 of additional income.
