Child Care Tax Relief

tyllwyd

Do you get working tax credit with the childcare element? If you do, you need to check whether or not child care vouchers will be better
http://www.hmrc.gov.uk/childcare/interaction-tc-cv.htm

screwed_constantly

Just wondering how you got on with the childcare vouchers.
Are you up and running now ?

adypem

screwed_constantly wrote: »

Just wondering how you got on with the childcare vouchers.
Are you up and running now ?

I have asked my accountant to look at the possibility of regsitering my Ltd company for a child care voucher scheme, and hopefully i should have something by the end of the week.

dejongj

Remember that when you do chilcare vouchers for the directors, you also have to do it for all the employees! ;-)

adypem

dejongj wrote: »

Remember that when you do chilcare vouchers for the directors, you also have to do it for all the employees! ;-)

I'll make sure I place a poster on the notice board in the kitchen so that all employees are aware of it...

dejongj

adypem wrote: »

I'll make sure I place a poster on the notice board in the kitchen so that all employees are aware of it...

Good I just remembered that line in the guidance and it made me smile! Wonder whether I have to do an inhouse magazine to announce it! No seriously probably a good idea to record some minutes to make it official....

As it is 'free' money I am almost thinking my wife should go out and get a job again