Working tax credit (WTC) Payment Via Employer (PVE) - the working tax credit began life in April 2003 and replaced the former Working Family Tax Credit and Disabled Persons Tax Credit
. I won't dwell on the finer points as at the time of writing this article a form TC721 is on its way towards each and every employer to herald the good news that PVE is on its wav out.
The centre believes that funds such as disability allowance and disabled persons tax credit
are not being taken up because of lack of information.
Birmingham charity groups last night criticised plans to increase Disabled Persons Tax Credit
by pounds 5 a week, saying it was not enough.
Disabled Persons Tax Credit
raised by pounds 5 a week.
The team can offer help with self-assessment, the new Working Families Tax Credit and Disabled Persons Tax Credit
. Free leaflets will also be available.
The tax team will be able to help people with self-assessment, general tax and National Insurance matters as well as queries about the new Working Families Tax Credit and Disabled Persons Tax Credit
'But now payroll administration has become extremely complex with the introduction of new legislation on the European working time directive, working families tax credits, national minimum wages, disabled persons tax credits
, the deduction of student loans and new rules on holiday entitlements and company car tax.'
'The increasing tendency to administer state benefits through the payroll system which include statutory sick pay, maternity pay, student loans, working family tax credits, disabled persons tax credits
and pension schemes add to the complexity of the legislation itself.