Child Tax Credit

If you are responsible for one or more children under sixteen, or under nineteen if they are in full-time education, you could be entitled to Child Tax Credit. Child Tax Credit is means-tested, that is, it is based on your income and your spouse or civil partner’s income. If your family’s income is less than £58,175 a year, or less than £66,350 if you have children younger than one year old, then you can claim Child Tax Credit. The amount of Child Tax Credit that you receive will depend on the annual income of your family, the age of your children and whether they have any disabilities.


Child Tax Credit is paid in two parts, or elements. The family element is paid to qualifying families and may be up to £545 a year. The child element is paid for each qualifying child in this family and can be up to £1,845 a year. If your circumstances change you must inform the benefit service so that they can adjust your Child Tax Credit accordingly.


If you think that you are eligible to receive Child Tax Credit you can claim using the Tax Credits helpline on 0845 300 3900. You will need to provide your National Insurance number when you call. Child Tax Credit will be paid weekly or four-weekly by direct debit into an account that you nominate. Child Tax Credit will usually be paid to the family’s main childcare provider.

  1. Insurance
    1. Health Insurance
    2. Life Insurance
    3. Home Insurance
    4. Car Insurance
    5. Travel Insurance
    6. Wedding Insurance
    7. Pet Insurance
    8. Business Insurance
    9. Unemployment Insurance
    10. Funeral Insurance
    11. Body Insurance
  2. Financing
    1. Credit Cards
    2. Debit Cards
    3. Mortgages
    4. Personal Loans
    5. Student Loans
    6. Car Loans
    7. Business Loans
  3. Investment
    1. Current Accounts
    2. Savings Accounts
    3. Stock Market Linked
    4. Tax-Free Savings Accounts
    5. Long-Term Savings
    6. Joint Accounts
    7. Student Accounts
    8. Investment Accounts
    9. Lottery Accounts
  4. Pensions
    1. Planning for Retirement
    2. State Pensions
      1. The Basic State Pension
      2. State Second Pensions
      3. Pension Credit
      4. State Graduated Pension
      5. Over 80s Pension
      6. Early / Late Retirement
      7. State Benefits
        1. Attendance Allowance
        2. Bereavement Allowance
        3. Budgeting Loan
        4. Carer's Allowance
        5. Child Benefit
        6. Child Maintenance
        7. Child Tax Credit
        8. Child Trust Fund
        9. Christmas Bonus
        10. Cold Weather Payment
        11. Community Care Grants
        12. Council Tax Benefit
        13. Crisis Loans
        14. Disability Living Allowance
        15. Financial Assistance Scheme
        16. Funeral Payment
        17. Growth Fund
        18. Guardian's Allowance
        19. Home Responsibilites Protection
        20. Housing Benefit
        21. Incapacity Benefit
        22. Income Support
        23. Industrial Injuries Disablement
        24. Job Grant
        25. Jobseeker's Allowance
        26. Local Housing Allowance
        27. Maternity Allowance
        28. Mobility Supplement - War
        29. New Deal Scheme
        30. Pension Credit
        31. Pension Protection Fund
        32. Severe Disablement Allowance
        33. Social Fund
        34. Statutory Adoption Pay
        35. Statutory Maternity Pay
        36. Statutory Paternity Pay
        37. Statutory Sick Pay
        38. Sure Start Maternity Grants
        39. Tax Credits
        40. Training Grants
        41. War Disablement Pension
        42. War Widow's Pension
        43. Warm Front Grant
        44. Widowed Parents Allowance
        45. Winter Fuel Payments
        46. Working Tax Credit
      8. State Pension Tax
      9. State Pensions for Foreigners
      10. State Pension & Disability
      11. State Pensions & Family
    3. Non-State Pensions
    4. Pension Protection
  5. Service
    1. European Rental Guide
    2. Student Life in the UK
    3. Visiting a Doctor in the EU
    4. Opening a Bank Account in the EU
    5. Guide
    6. Money Management for Students
    7. About MONETOS
    8. Resources