If you are a higher rate tax payer and are considering joining the Child Care Voucher scheme‚ now is the perfect time to act.
The Government have announced changes to reduce the level of tax relief on Childcare Vouchers for higher and additional rate tax–payers who sign up to the Child Care Voucher scheme after 6 April 2011.
You can use vouchers for many different types of registered childcare settings including after school clubs‚ before school clubs and some school–based activities. You can also use them to pay for nannies‚ childminders‚ nurseries‚ playgroups‚ au pairs‚ crèches‚ holiday schemes‚ activity clubs and summer camps.
For more information of the Childcare Voucher scheme and savings you could make, visit southampton.likn.co/benefits or contact [email protected] (extn: 24054).
(If you’re already in a scheme, there is no need to worry, your tax savings will continue.)