The Tax Credit (Payment by Employers, etc.) (Amendment) Regulations 2005
These Regulations amend the Working Tax Credit (Payment by Employers) Regulations 2002 (S.I. 2002/2172) (“the Payment by Employers Regulations”) and the Tax Credits (Payments by the Board) Regulations 2002 (S.I. 2002/2173) (“the Payments by the Board Regulations”). The principal effect of the amendments is that from 7th November 2005 all new claimants of working tax credit, and from 1st April 2006 all existing claimants of working tax credit, will be paid directly by the Commissioners for Her Majesty’s Revenue and Customs (“the Commissioners”) rather than via employers. The regulations also contain amendments to terminology in consequence of the transfer of the functions of the Board of Inland Revenue to Her Majesty’s Revenue and Customs by the Commissioners for Revenue and Customs Act 2005 (c. 11) (“the 2005 Act”).