New Levels Tax Credits from 1 January 2011
Existing Proposed
Employee Tax Credit 1,830 1,650
Personal Tax Credits – single 1,830 1,650
Personal Tax Credits – married 3,660 3,300
Widowed person bereaved in year of assessment 3,660 3,300
One Parent Family Tax Credit 1,830 1,650
Home Carer Tax Credit 900 810
Dependent Relative Tax Credit 80 70
Incapacitated Child Tax Credit 3,660 3,300
Blind Persons Credit – single 1,830 1,650
Blind Persons Credit – married (both blind) 3,660 3,300
Additional credit for certain widowed persons 600 540
Widowed Parent Tax Credit:
– year 1 4,000 3,600
– year 2 3,500 3,150
– year 3 3,000 2,700
– year 4 2,500 2,250
– year 5 2,000 1,800
Age Credit1 – single 325 245
Age Credit1 – married 650 490