Which applies to childminders but not to nannies?
Yes, which applies to childminders, nurseries, but not nannies at the moment. We have to stick carefully with what’s registered because we have to maintain quality and safety for the parents. I realise this is a big issue for parents and we have got to take the system as fast as it will go but this is not affected by what’s happening in April. What happens in April is that we are going to pay, alongside child benefit directly to mums substantial amounts of money but they must claim it otherwise we won’t know who they are. Another problem we’re getting is people wondering it they’re any better off. The money’s now going to the wife instead of the husband. The husband notices he’s getting 1,500 less because of changes in his tax coding but the wife is only getting 540 more, so they’re making a net loss of 1,000. That is not the correct answer. When people get their coding notices, the notice explains to them a value at their marginal rate of tax so the 529 is the basic flat rate that peo
