CVS – together with the other leading providers Edenred, Sodexo and Grass Roots – has been working for several months to put together a model that is workable, easy to implement and will ensure self-employed parents reap the same benefits as other working parents.
I had the honour of presenting our model to the Conservative Women's Forum at the House of Commons last Thursday and they’re keen to back the plans.
The model will allow self-employed parents to claim tax and National Insurance back at the end of the financial year – providers will be required to issue them with a certificate, detailing their childcare voucher spend for that year.
It’s piqued George Osbourn’s interest as well and made the pages of the Independent on Sunday this weekend. You can read the full article here, including a quote from me:
Tax break to encourage 'mumpreneurs' to start their own businesses
I’m delighted that we’ve put together a strong model which is being supported by such an influential group. Extending childcare vouchers to the self-employed supports the ethos of ‘Start-up Britain’ and will allow self-employed parents to enjoy the same £933 saving per annum as basic rate employees.
Of course, we’re not resting on our laurels now and will continue to support this model and work tirelessly to ensure vouchers for the self-employed become a reality.