Industry News & Insights
Keep upto speed with all the latest news & insights
Receive Business Protection Tips Request a Callback

Latest Industry News & Insights

Back to News & Insights

Childcare voucher scheme extended for a further six months

19 March, 2018

The current Childcare Voucher scheme which enables working parents to fund childcare through their pre-taxed salary with weekly vouchers worth up to £55 was due to close to new entrants in April this year.

An alternative government-backed tax-free childcare scheme, set to replace the voucher system, is already operational. In this scheme, working parents – including those with self-employed status – who are earning more than £120 per week but less than £100,000 a year will receive government top-up contributions to help meet up to £10,000 a year of childcare costs for every child under 12 years.

For every 80p contributed by parents, the government will add 20p, amounting to an extra £2,000 per child or £4,000 if the child is disabled.

The Government has now confirmed that the original tax free voucher scheme will now not close for new entrants in April. This shall be extended to October 2018.

Employers need to make sure that employees are aware of their options and the revised deadlines.

Back to News & Insights
Solutions for HR, 10 St Mary's Place, Bury, Lancs BL9 0DZ
0161 694 7050

If you need help and support in managing
absence give us a call for a free consultation;

Contact Us Request a Callback

Contact Us

Solutions for HR, 10 St Mary's Place, Bury, Lancs BL9 0DZ
0161 694 7050
info@solutionsforhr.co.uk

Business Protection Tips

Subscribe to our business protection tips

Sign up today

Connect with Us

Twitter
Facebook
LinkedIn

© 2018 Solutions for HR. All Rights Reserved.