Commentary on provisions of Act Section 12: Freeze of certain tax credit amounts for four tax years
This section freezes certain relevant amounts of working tax credit and child tax credit for the tax years ending 5 April 2017, 5 April 2018, 5 April 2019 and 5 April 2020. The relevant amounts are to remain the same as they were in the tax year ending 5 April 2016 and the relevant amounts are defined in paragraph 2 of Schedule 1 (see subsection (3) ) .
	Subsection (2) specifies that the review under section 41 of the Tax Credits Act 2002 (which shows whether certain benefits have retained their value in each tax year) that is undertaken in each of the four tax years during the freeze, need not cover any of the relevant amounts.