Childcare vouchers – consultation period begins

The government announced earlier this year that it intends to change the basis on which working parents receive tax relief on qualifying childcare. We published a blog about this a little while ago and since then, some more details have emerged. What has made the headlines though is the revelation that less than one third of employers consider the move … Read More

Employer supported childcare – tax relief

Currently, employees are able to join schemes at work allowing them to receive tax-free childcare vouchers for childcare up to the age of 5, or for spending in after-school/holiday clubs. The tax relief is restricted depending on when an individual joined the scheme and the rate of income tax being paid. This is all due to change following announcements in the … Read More

Budget 2013 – Analysis of key issues

Budget 2013 – A more in-depth analysis of the key points Following our summary on Budget Day of some of the Budget highlights, we’ve taken a closer look at some of the issues most relevant to our clients and contacts. It’s also been interesting to let the dust settle in the last few days and gauge the reactions of a … Read More

Budget 2013 – Tax-Free Childcare Support

Details of a new scheme to encourage parents back to work by helping  cover childcare costs had already been announced the day before the Budget. However, it warranted another mention in the Chancellor’s speech in a move which will be welcomed by working families, especially those who have suffered the loss of their Child Benefit. From autumn 2015, the government … Read More