Change to the treatment of childcare vouchers from April

13 February 2011
Change to the treatment of childcare vouchers from April

From 6 April 2011, there are changes to the tax treatment of childcare vouchers which will affect staff joining a employer-supported scheme after this date.

The changes have been made to ensure that individuals, regardless of their tax rate, receive the same amount of tax relief from employer supported-childcare schemes.

Note that the changes will not affect employees who are already participating in workplace schemes.

For more information, see the HM Revenue & Customs website.

Source: Sandy AdirondackHM Revenue & Customs 

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