new rules for employer-provided childcare - June 2005
From the 6th April 2005, new rules mean that employees may be entitled
to a tax free childcare benefit of up to £50 per week paid by their
employer.
In order to qualify for the benefit, the childcare must be open to all
employees (or at least those at the location where the scheme operates),
and be provided by either a registered child-minder, or an approved home
child-minder.
Providing that this is the case, employees may be entitled to a tax
and National Insurance free benefit of up to £50 per week paid
by their employer.
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