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Top Working Tax Credit & Child Tax Credit topic #926

Subject: "Childcare vouchers and WTC" First topic | Last topic
JohnA
                              

Chairman, Low Incomes Tax Reform Group
Member since
18th Mar 2004

Childcare vouchers and WTC
Thu 14-Apr-05 12:24 PM

Childcare vouchers are being sold hard by childcare voucher companies. They may also be sold hard by employers wanting to reduce the employment costs of their employees.

Both of these groups hand off the advice for employees over to the Inland Revenue and our friends on the Helpline.

The Low Incomes Tax Reform Group are worried about the impact on the poorer end of the tax credits market due to the fact that such people taking vouchers could be well out of pocket.

We have tried to identify the factors which have to be taken into account and have published two articles on our website at www.litrg.org.uk.

Like with all things to do with tax credits it is horrendously complex and can change at a moment's notice. But I can see the voluntary sector having to pick up the pieces unless we can all persuade the Revenue to provide real, high quality advice to people in doubt. It is after all a government sponsored initiative.

We will be trying to accumulate experience of advice given by the Revenue. Feel free to let us have any via our website.

  

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Replies to this topic
RE: Childcare vouchers and WTC, shawn, 14th Apr 2005, #1
RE: Childcare vouchers and WTC, chrisduran, 29th Apr 2005, #2

shawn
                              

Charter member

RE: Childcare vouchers and WTC
Thu 14-Apr-05 12:40 PM

for further background on this see

http://www.rightsnet.org.uk/cgi-bin/forwardsql/search.cgi?template2=user_details2.htm&output_number=1&news.ID=4712429402

  

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chrisduran
                              

Into-work facilitator, London Borough of Newham, Social Regeneration Unit
Member since
10th Mar 2004

RE: Childcare vouchers and WTC
Fri 29-Apr-05 08:59 AM

The TUC's web-site www.workSMART has a really good summary about this

  

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Top Working Tax Credit & Child Tax Credit topic #926First topic | Last topic