Edenred has put together a downloadable white paper, a podcast and articles to support employers ahead of changes to childcare voucher legislation.
From 6 April 2011, only basic-rate taxpayers will receive tax and national insurance relief on up to £55 a week on childcare vouchers. Tax relief will be restricted to £28 a week for 40% taxpayers and £22 for 50% taxpayers, when staff take up the benefit from this date. Existing users will be unaffected.
The toolkit can be found on Edenred’s online resource, E.Hub.
Laura Czapiewski, product manager for childcare vouchers at Edenred, said: “This is one of the biggest changes to [impact] childcare vouchers in recent years and employers need to prepare for it.”
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