From April 2011 there will be changes to Employer Supported Childcare (Childcare Voucher Scheme) that will affect some employees. If you are a higher rate tax payer and intent to join the scheme, it is to your advantage to do so before April 11! After this date, irrespective of whether you are a higher or lower rate tax payer, the gain will only be at the basic rate tax payer level...More information »
Wednesday, 3 November 2010
For Maximum Tax Benefit, Join before April!
From April 2011 there will be changes to Employer Supported Childcare (Childcare Voucher Scheme) that will affect some employees. If you are a higher rate tax payer and intent to join the scheme, it is to your advantage to do so before April 11! After this date, irrespective of whether you are a higher or lower rate tax payer, the gain will only be at the basic rate tax payer level...More information »
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