Government urged to overhaul tax credits

Government urged to overhaul tax credits

A group of tax and welfare bodies, including the ICAEW, have called for the government to make changes to the tax credits system, which they claim is currently causing trouble for claimants.

Link: Tax credits fiasco leads to IT rethink

The Low Incomes Tax Reform Group has pulled together several bodies, including the ICAEW and the Chartered Institute of Taxation, to promote a series of suggested changes to the tax credits system. They claim the changes are the minimum needed to eradicate common difficulties which they encounter daily that cause hardship, distress and anxiety to claimants.

‘It is disappointing that 18 months after the implementation of the tax credits system we are still discussing fundamental deficiencies which we, and other bodies, identified as needing modification right at the start,’ said John Andrews, chairman of LITRG.

The changes suggested include making award notices more intelligible, better training for call centre staff, a greater willingness to remit overpayments and better practical guidance to all claimants.

Share

Subscribe to get your daily business insights

Resources & Whitepapers

The importance of UX in accounts payable: Often overlooked, always essential
AP

The importance of UX in accounts payable: Often overlooked, always essentia...

2m Kloo

The importance of UX in accounts payable: Often ov...

Embracing user-friendly AP systems can turn the tide, streamlining workflows, enhancing compliance, and opening doors to early payment discounts. Read...

View article
The power of customisation in accounting systems
Accounting Software

The power of customisation in accounting systems

2m Kloo

The power of customisation in accounting systems

Organisations can enhance their financial operations' efficiency, accuracy, and responsiveness by adopting platforms that offer them self-service cust...

View article
Turn Accounts Payable into a value-engine
Accounting Firms

Turn Accounts Payable into a value-engine

3y Accountancy Age

Turn Accounts Payable into a value-engine

In a world of instant results and automated workloads, the potential for AP to drive insights and transform results is enormous. But, if you’re still ...

View resource
8 Key metrics to measure to optimise accounts payable efficiency
AP

8 Key metrics to measure to optimise accounts payable efficiency

2m Kloo

8 Key metrics to measure to optimise accounts paya...

Discover how AP dashboards can transform your business by enhancing efficiency and accuracy in tracking key metrics, as revealed by the latest insight...

View article