Has the tax relief for childcare vouchers ceased?
From 6 April 2018, childcare voucher schemes will close to new applicants. You may be able to get Tax-Free Childcare instead.
You can keep getting vouchers if you’ve joined a scheme and get your first voucher by 5 April 2018, as long as:
If you get Tax-Free Childcare
You can’t continue to claim childcare vouchers if you successfully apply for Tax-Free Childcare.
Which scheme you’re better off with depends on your situation. Use the childcare calculator to work out which type of support is best for you.
You must tell your employer within 90 days if you get Tax-Free Childcare. They’ll then stop giving you new vouchers.
You can continue to use any vouchers you already have, including to make a joint payment for childcare with Tax-Free Childcare. There’s no deadline for using your vouchers.
Once you’ve told your employer that you’re getting Tax-Free Childcare, you can’t rejoin their voucher scheme.
Linda Eales – Vantage Fee Protect Tax Consultant
I have been asked by…
My client does their bookkeeping on Xero, where…
My mother, who is elderly, has several…
What is the…
Our VAT registered client is to buy…
My client installs solar panels. They have…
Having changed over to Vantage a couple of years ago we have been very satisfied with the service. Especially the claims handling and technical advice lines for both our firm and insured clients on employment and business legal matters. The webshop Vantage offer allows our clients to join and pay electronically. This positively impacts our bottom line and makes things simple and efficient for our clients.