Budget 2004; childcare support

[nykkieberry]

Does anyone know any more about the proposed plan to enable employers to contribute up to �50 a week towards childcare costs (tax and national insurance free)? Will it be complusory or voluntary and how will it work? What is the benefit to employers?

[geofbob]

This was referred to in the Chancellor's pre-budget report in December. It is a voluntary scheme, involving vouchers, and there is a tax advantage for employers. For further info, see the Guardian and Daycare Trust's comments on the following two links http://society.guardian.co.uk/children/story/0,107
4,1105936,00.html http://www.daycaretrust.org.uk/article.php?sid=181

[geofbob]

I assure you that there are two links above, though the Answerbank's automatic "editing" makes it look like only one!

[nykkieberry]

Thanks for that! I have forwarded them to our HR department to ask them whether they will consider it. Fingers crossed!

[geofbob]

Good luck Nykkie.