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Tax relief on childcare vouchers to end

Posted on Wednesday, 07 October 2009 09:08AM by TR
From 2015 the tax and national insurance exemptions on employer childcare vouchers will cease. The voucher scheme will still run but there will no longer be any tax incentive to use it. From April 2011 any employees who want to join the scheme will not receive the current tax exemptions.
Any employers who currently run the scheme should make their employees aware of the changes.
Our staff are on hand to assist with any payroll matters so please do not hesitate to contact us if you require assistance with this or any other matters concerning company accounts or taxation.