Accountants 'can expect a surge in tax credit advice'

05 January 2009 In Accountancy

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Accountants 'can expect a surge in tax credit advice' Accountants can expect to see a surge in the number of married couples seeking advice on tax credits, it has been claimed.

Mark Lee, chairman of the Tax Advice Network, has said that a recent Civitas report highlighting problems in the tax credits system could see more accountants advising in this area.

He said: "More and more accountants will find themselves having to advise on tax credits.

"And although their motivation for doing so will be to assist clients in securing the levels of tax credits to which they are 'entitled', it could also lead to them being asked about the impact on tax credits claims if a couple marry."

However, he added that accountants have traditionally not advised on benefits, saying "It's not cost-effective to do so and we don't know all the rules."

The report, titled Individualists Who Co-operate, suggested that some parents who live together may be more than 20 per cent worse off financially than if they were to live apart.

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