§ Mr. WebbTo ask the Chancellor of the Exchequer if he will estimate the(a) total cost and (b) cost per claimant to businesses for administering (i) working families tax credit, (ii) children's tax credit, (iii) child tax credit and (iv) the working tax credit in the last 12 months. [50992]
§ Dawn PrimaroloEstimates of the costs to employers of operating the Working Families' Tax Credit and the Disabled Person's Tax Credit are given in paragraphs 40–46 of the regulatory impact assessments for the Tax Credits Bill 1999, a copy of which is in the Library. There are over 1.3 million recipients of these tax credits.
Employers are involved in administering the Children's Tax Credit only through implementing the PAYE codes routinely supplied by Inland Revenue, which include adjustments for the credit as appropriate. No estimate is available of the additional cost incurred by employers.
There have been no costs to employers in administering the Child Tax Credit or the Working Tax Credit in the last 12 months.