TaxPersonal TaxChild tax credit is windfall for mums

Child tax credit is windfall for mums

Chancellor Gordon Brown claims the new child tax credit to be introduced in April will transfer up to £2bn from 'dads to mums'.

Link: Brown launches new family tax credit scheme

Brown claimed the new tax credit, launched in the 2002 Budget, would benefit nine out of ten families, which along with an employment tax credit will replace the working families tax credit scheme.

The payment will see the tax credit being paid back to the mother, which Brown claimed will boost childcare.

Most mothers with one child will get £26.50 a week, while the poorest will get as much as £54 a week

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