Budget 2010: Child tax credits up for one and two-year-olds
Chancellor Alistair Darling has announced families with one and two-year-olds will get an extra £4 a week in child tax credits.
As part of today's Budget report, he announced the increase will apply from April 2012. Childcare tax credit is a means-tested benefit, with an average payout of approximately £68 per week. Darling said this is "extra money which will be paid for all children who need it, whether their parents are married, living together, or living apart". Further reading/key linksGet the best rate for your child's savings: Child Trust Funds See what you're entitled to: Five-Minute Benefit Check Claim free childcare cash: Tax Credits