The family unit has dramatically changed in recent year’s after a long history of a tradition. The 2:4 scale referred to two married parents with 1-4 dependent children living under the same roof and this depiction of family remained unchallenged for many years. For families living in these times, many things may have seemed steadier or simpler, including the ability to correctly understand and file an accurate tax code.
Family life today is a lot different, with more than one in two children part of a non-traditional family structure such as with a single parent, a relative or a co-habiting couple.
The unit may still be stable and loving, but working your way through Government admin has become confusing if not chaotic! Understanding your rights and your tax position may be more important than ever; so let’s look at how we can simplify the paperwork!