Wednesday 11 November 2009

Childcare Vouchers

From an equality point of view this seems to a bit of a bad idea...

From April 2011, employees who join a Company supported childcare voucher scheme will not get tax or NICs relief exemptions. Parents who are on existing voucher schemes (those who joined their employer scheme prior to April 2011) will continue to receive both tax and NICs relief and are not affected until April 2015 – when the voucher exemptions will be withdrawn completely. Instead of this, the Labour Party has announced plans to provide 10 hours of free childcare a week for 250,000 two-year olds for families who are on modest or middle incomes. Already, the proposed changes have caused public outrage, resulting in over 52,000 people having currently signed the official Downing Street petition.

The voucher scheme is both benefical for the employee and the employer so we genuinely believe this is going to meet quite a bit of opposition, expect the petition the grow..

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