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The end of the Childcare Voucher Scheme
CCV The Childcare Voucher (CCV) scheme closed to new applicants on 4th October 2018. It has been replaced by the Tax-Free Childcare scheme, which is Government led and therefore not administered or managed by the employer. I am an employer who operates the old scheme, what impact does this change have on my staff and…
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Parents can save tax if they sign up for Childcare Vouchers before April
Childcare vouchers are a Government initiative aimed at helping working parents with children up to the age of 15. Each parent can receive up to £243 per month in childcare vouchers from their employer and this is free from tax and National Insurance. Most childcare vouchers are provided through salary sacrifice, which means parents receive…
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Childcare Vouchers
If I told you that as an employer you could make a financial saving by offering your employees something that many of them would really value, would you want to hear more? Well, by introducing childcare vouchers and offering them to all your employees through a tax efficient salary sacrifice scheme, you could do just…