Tax Credits Act 2002

E950912

The Tax Credits Act 2002 is a UK statute that established the legal framework for modern tax credits, including support for low-income workers and families.

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Statements (41)

Predicate Object
instanceOf Act of Parliament of the United Kingdom
United Kingdom statute
administeredBy HM Revenue and Customs NERFINISHED
appliesTo United Kingdom residents meeting eligibility criteria
citationStatus amended
containsProvisionsOn appeals and dispute resolution for tax credits
calculation of tax credit awards
eligibility criteria for tax credits
overpayments and recovery of tax credits
payment and administration of tax credits
country United Kingdom
createsScheme child tax credit
working tax credit
hasEffectOn entitlement to state support for working families
interaction between tax system and welfare benefits
implementedBy secondary legislation
jurisdiction United Kingdom
languageOfText English
legalArea social security law
tax law
legislature Parliament of the United Kingdom NERFINISHED
policyContext New Labour welfare reform
policyGoal to make work pay for low-income individuals
to reduce child poverty in the United Kingdom
predecessorSchemeOf universal credit NERFINISHED
purpose to establish the legal framework for modern tax credits in the United Kingdom
to provide financial support to families with children
to provide financial support to low-income workers
region England
Northern Ireland NERFINISHED
Scotland
Wales
relatedTo Income Tax Act 2007 NERFINISHED
Social Security Contributions and Benefits Act 1992 NERFINISHED
royalAssentYear 2002
shortTitle Tax Credits Act 2002 NERFINISHED
targetGroup families with children
low-income households
working-age adults
typeOfSupport means-tested tax credits
yearOfAct 2002

Referenced by (1)

Full triples — surface form annotated when it differs from this entity's canonical label.

Working Tax Credit legislatedBy Tax Credits Act 2002