09 / 9 / 2013 8.54am
As part of the Budget 2013 the Government announced that it will introduce a new tax-free childcare scheme for working families.
Following this announcement, HMT have recently circulated a consultation paper inviting interested parties to comment on the detailed design and operation of tax-free childcare. Where both parents work and do not receive tax credits, they will be able to register with a provider directly and purchase tax-free vouchers up to an annual limit. As part of this process, employer-supported childcare (such as childcare voucher salary sacrifice schemes) will be phased out.
NHS organisations are encouraged to complete a response form and send directly to HMT. It is important to consider the implications of these changes and to have your say about how it will impact on your organisation.
Find out how to complete a response form here.