New tax relief rules for employer-supported childcareMonday, August 8th, 2011
HMRC has updated its guidance and FAQs for employers and employees.
From 6 April 2011, employees joining salary sacrifice schemes involving childcare vouchers or employer-contracted childcare for the first time are subject to new tax relief rules. The level of relief differs according to the employee’s marginal rate of tax.
HMRC has updated its two documents explaining how the rules affect employers and employees.