Statutory Instruments
2024 No. 423
INCOME TAX
The Income Tax (Indexation of Qualifying Care Relief Amounts) Order 2024
Made
25th March 2024
The Treasury make this Order in discharge of the duty imposed by section 828A(4) of the Income Tax (Trading and Other Income) Act 2005( 1 ).
Citation and interpretation
1. —(1) This Order may be cited as the Income Tax (Indexation of Qualifying Care Relief Amounts) Order 2024.
(2) In this Order, references to sections are references to sections of the Income Tax (Trading and Other Income) Act 2005.
Indexation of qualifying care relief amounts for the tax year 2024-25
2. For the tax year 2024-25 and subsequent tax years—
(a) the amount specified in section 808(2)( 2 ) (the fixed amount) is replaced with “£19,360” ;
(b) the amount specified in section 811(1A)( 3 ) (the weekly amount for an adult) is replaced with “£485” ;
(c) the amount specified in section 811(2)(a)( 4 ) (the weekly amount for a child under 11 years old) is replaced with “£405” ;
(d) the amount specified in section 811(2)(b)( 5 ) (the weekly amount for an older child) is replaced with “£485” .
Joy Morrissey
Amanda Milling
Two of the Lords Commissioners of His Majesty's Treasury
25th March 2024
2005 c. 5 ; Section 828A was inserted by section 28(4) of the Finance (No. 2) Act 2023 (c. 30) (“F(No.2)A 2023”).
The amount in section 808(2) was last substituted by section 28(2)(a) of F(No.2)A 2023.
Section 811(1A) was substituted by paragraph 12(2) of Schedule 1 to the Finance (No. 3) Act 2010 (c. 33) . The amount specified in section 811(1A) was last substituted by section 28(3)(a) of F(No.2)A 2023.
The amount specified in section 811(2)(a) was last substituted by section 28(3)(b) of F(No.2)A 2023.
The amount specified in section 811(2)(b) was last substituted by section 28(3)(c) of F(No.2)A 2023.