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Child Tax Credit

Volume 710: debated on Monday 11 May 2009

Question

Asked by

To ask Her Majesty's Government what is the cost of the increase to the child tax credit which is proposed in the 2009 Budget for each of the years 2010–11 and 2011–12. [HL3054]

The table below sets out the costs of the increase in child tax credits as announced in Budget 2009 for the years 2010-11 and 2011-12.

2010-11

2011-12 *

Increase in the child element of CTC by £20 above indexation

£140 million

£170 million

* For 2011-12 any costs are included within the spending growth assumption for 2011-12 onwards. Allocations of spending within this assumption will be announced in the next spending review.