Childcare vouchers changed from 6th April 2011.

From 6th April parents who are higher rate tax payers will only be able to take £28 per week in childcare vouchers and additional rate tax payers will be restricted to £22 per week.

Basic rate tax payers will still be able to take the full allowance of £55 per week.

Key facts:

• The changes only apply to parents joining the scheme after April 2011.
• There will be no changes to the savings that can be made by parents who are on the scheme prior to April 2011 (unless dictated by changes to Tax and NIC’s).

Childcare vouchers can be used for a huge variety of child care for children up to the age of 15 – including the care element of boarding school fees, nannies, out of hours school clubs, summer camps and nurseries.

Download:

For more information about the changes to Employer Supported Childcare and how these changes will effect you, download the information pack or call us on 0800 328 7411.

How to Sign Up:

To benefit from childcare vouchers, your employer must have a childcare voucher scheme in place. If your company has a childcare voucher scheme, please contact your HR Department to find out how to join. If your employer does not currently have a scheme, refer your employer here.