Childcare providers have been invited by the Inland Revenue to suggest ways to improve the childcare tax credit element of its new employment tax credit, which is to replace the Working Families Tax Credit across the UK in 2003.
The invitation was made last week in an Inland Revenue consultation document, New Tax Credits - Supporting Families, Making Work Pay and Tackling Poverty.
This outlines proposals for creating two new national tax credits, the integrated child credit and the employment tax credit. The two will replace the Working Families Tax Credit, the Children's Tax Credit and the Disabled Person's Tax Credit, as well as the child-related payments in Income Support and income-based Jobseekers' Allowance.
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