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Analysis: Tax credits - Time to untangle
Nursery World,
27 August 2008
Nearly everyone agrees that a new system needs to be found for tax credits for childcare - but which one is best? Karen Faux reports.
Growing numbers of nursery providers claim that working tax credits are having a negative impact on their businesses and are failing to help the parents and children they are designed for. Since they were introduced in 2003, credits have been dogged by poor administration, complex systems, poor explanatory information, long delays in resolving problems and high levels of overpayment and recovery. Despite some recent administrative improvements, many claimants still experience great difficulty in accessing tax...
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