| Tax Credits | 2024-25 | 2023-24 | |||
| Basic element maximum | £2,435 | £2,280 | |||
| Childcare element 70% of eligible costs up to £175 per week for one child, £300 for two or more children. | |||||
| Child Tax Credits | 2024-25 | 2023-24 | |||
| Child element per child maximum | £3,455 | £3,235 | |||
| Family element | £545 | £545 | |||
| If only the child tax credit is claimed, the annual threshold is £19,995 (2023-24: £18,725). | |||||
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