Recent News articles

spacer image
Breaking News March 14th 2018 Childcare scheme gets six-month reprieve

14 Mar 2018

Education Secretary Damian Hinds made the concession during a Commons debate yesterday March 13th.

spacer image

Child benefit cut will prompt employers to examine employee benefits.

Child benefit cut will prompt employers to examine employee benefits

At this week conservative conference The Chancellor George Osborne has proposed a cut in child benefit for families with an earner who makes more than £43,875, from April 2013.

The Coalition Government has come in for a degree of criticism over the cut in child benefit, most notably from their own support base, but what does the benefit cut mean for businesses?

Salary exchange or flexible benefit arrangements it is said, will become more important, especially to those employees who receive benefits based on those earnings.

Changes to childcare vouchers Tax allowance from 6th April 2011

Reform of the tax treatment of employer-supported childcare

In December 2009 the previous Government made a U turn after public outcry, announced major changes in the amount of voucher allowance for higher 40% and top rate 50% tax payers.

The Current situation for childcare vouchers per tax payer is: 

Under the new rules coming in for April 6th 2011 the following savings are applicable:

A new joiner after April 2011 for childcare vouchers per tax payer is:

If you are already in a salary sacrifice scheme and a higher rate tax payer then don't worry, as there will be no change for existing participants until April 2015.

If you're planning to join, doing it prior to April 2011 is highly worthwhile for higher taxpayers. remember, most vouchers have a long date on them (e.g. three years) so even if you don't quite need them yet, but definitely will, it's worth getting into the scheme before the allowances drop. providing that a child is born before the tax year ending 5th April 2012.

A full explanation of the HMRC rules for the reform of tax treatment of employer-supported childcare can be requested from

Back to main list