childcare
Childcare vouchers and the Basic Earnings Assessment 2012-13 Update - 27 March 2012
Those of you with good memories will remember the rush to set up Childcare schemes last year prior to the round of changes that were implemented on the 6 April 2011.
From that date there is effectively a two category system for the amount of childcare vouchers and the tax relief on them.
Pre 6 April 2011 members read the full details
Don't lose out on Childcare Vouchers - 04 February 2011
If you are a higher rate taxpayer, or may become one in 2011/12 there is a last opportunity over the next few weeks to enrol into childcare voucher schemes and maximise your tax free allowances.
The current regime allows employees to claim up to £55 per week as exempt from PAYE and National Insurance. So, if you are a higher rate tax payer you can save more money.
read the full details
