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Tue 09 Sep 2009Commission recommends taxing payment but credit also proposed
CHILD BENEFIT:THE COMMISSION on Taxation has recommended taxing child benefit. However, it said this should be accompanied by a child tax credit to minimise the impact of the proposal on the lower paid.
Commission chairman Frank Daly accepted that taxing child benefit was not a straight-forward issue. There were legal and policy issues which needed to be addressed, such as the legal ownership of the child benefit payment, he said.
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