Draft Regulations laid before Parliament under section 66(1) and 2(a) of the Tax Credits Act 2002, sections 150(2)(a) and 190(1) of the Social Security Administration Act 1992, and section 166(10A) of the Social Security Administration (Northern Ireland) Act 1992, for approval by resolution of each House of Parliament.
2019 No.
The Tax Credits and Guardian’s Allowance Up-rating Regulations 2019
Made
Coming into force in accordance with regulation 1(2)
Following a review under section 41(1) of the Tax Credits Act 20021 in the tax year 2018-19 of some of the amounts specified in section 41(2) of that Act, the Treasury have determined that Regulations should be made prescribing increases in some of those amounts.
Following a review of the sums specified in section 150(1)(a)(i) of the Social Security Administration Act 19922 (“the Great Britain Administration Act”) in the tax year 2018-19, the Treasury have determined that the general level of prices in Great Britain is greater at the end of the period under review than it was at the beginning. These Regulations make provision under section 150 of the Great Britain Administration Act and make corresponding provision for Northern Ireland in accordance with section 132(1) of the Social Security Administration (Northern Ireland) Act 19923 (“the Northern Ireland Administration Act”).
A draft of these Regulations was laid before Parliament in accordance with section 66(1) and (2)(a) of the Tax Credits Act 2002, sections 150(2)(a) and 190(1) of the Great Britain Administration Act, and section 166(10A)4 of the Northern Ireland Administration Act, and approved by a resolution of each House of Parliament.
The Treasury make the following Regulations in exercise of the powers conferred by sections 9, 11, 65(1) and 67 of the Tax Credits Act 20025, sections 150(2)(a), (5), (9) and (10)(a)(i) of the Great Britain Administration Act6, and section 132(1) of the Northern Ireland Administration Act and now exercisable by them.