
1 

(1) These Regulations may be cited as the Tax Credits, Child Benefit and Guardian’s Allowance Up-rating Regulations 2023.
(2) This regulation and regulations 2, 3 and 4 come into force on 6th April 2023.
(3) Regulations 5, 6 and 7 come into force on 10th April 2023.
(4) Regulations 2, 3 and 4 have effect in relation to awards of tax credits for the tax year beginning on 6th April 2023 and subsequent tax years.
2 
The table in Schedule 2 (maximum rates of the elements of a working tax credit) to the Working Tax Credit (Entitlement and Maximum Rate) Regulations 2002 is amended as follows—
(a) in item 1 (basic element), in the second column for “£2,070” substitute “£2,280”;
(b) in item 2 (disability element), in the second column for “£3,345” substitute “£3,685”;
(c) in item 3 (30 hour element), in the second column for “£860” substitute “£950”;
(d) in items 4 (second adult element) and 5 (lone parent element), in the second column for “£2,125” substitute “£2,340”; and
(e) in item 6 (severe disability element), in the second column for “£1,445” substitute “£1,595”.
3 
Regulation 7 (determination of the maximum rate at which a person or persons may be entitled to child tax credit) of the Child Tax Credit Regulations 2002 is amended as follows—
(a) in paragraph (4)(c) and (4)(f) for “£2,935” substitute “£3,235”; and
(b) in paragraph (5)—
(i) in sub-paragraph (a) for “£3,545” substitute “£3,905”; and
(ii) in sub-paragraph (b) for “£4,975” substitute “£5,480”.
4 
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 2002 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”.
5 
Regulation 2(1) (rate of child benefit) of the Child Benefit (Rates) Regulations 2006 is amended as follows—
(a) in sub-paragraph (a) (enhanced rate) for “£21.80” substitute “£24.00”; and
(b) in sub-paragraph (b) (other cases) for “£14.45” substitute “£15.90”.
6 
In paragraph 5 of Part 3 of Schedule 4 to the Social Security Contributions and Benefits Act 1992 (weekly rate of guardian’s allowance) for “£18.55” substitute “£20.40”.
7 
In paragraph 5 of Part 3 of Schedule 4 to the Social Security Contributions and Benefits (Northern Ireland) Act 1992 (weekly rate of guardian’s allowance) for “£18.55” substitute “£20.40”.
Andrew Stephenson
Steve Double
Two of the Lords Commissioners of His Majesty’s Treasury
1st March 2023