"This Budget means lower-income workers with children will stop themselves from losing out only if they succumb to the Chancellor's horrendously complex tax credit regime. And, again since the budget, we now know that Brown's Budget arithmetic depends on 75 per cent of those eligible for such credits not actually claiming them. Receiving tax credits means navigating through 60 pages of advice and then a 12-page form. Even the Inland Revenue admits the system is "often impossible to understand".
The full horror of Chancellor's debt binge Business Money ...
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