Posted in November 2, 2010 5:54 pmSimon Moore
We’ve kicked off a campaign to make sure you’re all aware of the proposed changes to tax relief on childcare vouchers that will take effect on April 6 2011. From this date, the level of tax relief available to higher and additional rate tax payers will be reduced for any new entrants. The proposed tax [...]
Read the rest of this entry »
Posted in August 11, 2010 12:39 pmSimon Moore
Earlier this month the ECJ ruled that employers should pay VAT on retail vouchers handed out to staff as part of their salary sacrifice scheme. This landmark ruling has caused a bit of a stir in the employee benefits industry, with speculation that other salary sacrifice schemes could be open to review. One of the [...]
Read the rest of this entry »
Posted in June 8, 2010 5:06 pmSimon Moore
Like me, you’re probably waiting for the budget announcement on 22nd June, to see if there’s any mention of childcare reform and funding. I don’t know yet whether childcare will feature in the budget, but I’ll be monitoring it carefully and keeping you up to date through the blog. As I said a couple of [...]
Read the rest of this entry »
Posted in June 3, 2010 12:40 pmSimon Moore
For parents looking to start using childcare vouchers, or employees looking to introduce a scheme to staff, now is the time to do it. As I mentioned in my last post, we’re in a strong position under the coalition Government, but there are changes in store next year. From 6th April 2011, childcare voucher scheme [...]
Read the rest of this entry »
Posted in May 24, 2010 3:41 pmSimon Moore
The government published full details of their coalition agreement last week. You can read it on our News/Publications page. The agreement states that, overall, the most pressing task for the Government is debt reduction and this morning, George Osborne revealed that spending cuts of £6.2 billion will be made. Amongst the cuts is the removal [...]
Read the rest of this entry »