Based on the fact i am a one man band limited company i was trying to find out the best way to pay for my child care.
Two kids that cost me £800 per month in childcare costs.
Being either a higher rate or basic rate taxpayer, would it still be worth while claiming the whole £800 in vouchers and suffering the tax and NI consequences for me and my company as im going over the £55 per week.
I just thought i would ask here before i tryed to work it out myself.
Two kids that cost me £800 per month in childcare costs.
Being either a higher rate or basic rate taxpayer, would it still be worth while claiming the whole £800 in vouchers and suffering the tax and NI consequences for me and my company as im going over the £55 per week.
I just thought i would ask here before i tryed to work it out myself.
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