TFC35500 | Qualifying payments: variation of maximum amount following termination of a tax credit award

Childcare Payments Regulations 2015, regulation 12(2)

If an award of tax credit is terminated immediately before the first day of an entitlement period (due to a successful declaration of eligibility to TFC), the relevant maximum qualifying payment for that entitlement period is determined in accordance with the following formula:

X × A ÷ B, where X is, in the case of a disabled child, £4,000, or in the case of any other child, £2,000.

A is the number of days beginning on the first day of the entitlement period, or if later, the day on which the declaration of eligibility for the entitlement period was made and ending on the last day of the entitlement period. B is the total number of days in the entitlement period.