The Tax Credits (Claims and Notifications) (Amendment) Regulations, SI 2017/597, modify the backdating provisions for new tax credits claims, which generally prevent individuals claiming tax credits at the same time as holding a ‘tax-free childcare’ account. The regulations will allow tax credits claims to be backdated by up to 31 days falling within the entitlement period for tax-free childcare, where a person has opened a tax-free childcare account and has subsequently closed it without paying any money out of that account. The regulations come into force on 17 May 2017.
The Tax Credits (Claims and Notifications) (Amendment) Regulations, SI 2017/597, modify the backdating provisions for new tax credits claims, which generally prevent individuals claiming tax credits at the same time as holding a ‘tax-free childcare’ account. The regulations will allow tax credits claims to be backdated by up to 31 days falling within the entitlement period for tax-free childcare, where a person has opened a tax-free childcare account and has subsequently closed it without paying any money out of that account. The regulations come into force on 17 May 2017.
