Tax relief move for parents
Tuesday 3rd February 2004, 12:00AM GMT.
PARENTS have been denied millions of pounds in tax relief since the 1960s because of an anomaly in the Island’s Income Tax Law.
While parents whose children go to Highlands after turning 17 are given a £5,000 allowance per child, those who have children at any of the Island’s other sixth forms are denied the same allowance under a law passed in 1961.This year alone, parents of the Island’s 893 sixth-form students could have claimed £4.5 million in relief.The discrepancy has been described as ‘divisive’ by St Martin Deputy Bob Hill, who today lodged a proposition which could see the allowance being extended to include all parents with children in full-time education after 17.
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