Childcare vouchers

**malvolio** · 28 March 2006, 09:02

Ermmm - you don't actually think You and YourCo are the same thing, do you? I hope not, or you're in a for a nasty surprise one day...

**YNWA** · 28 March 2006, 09:33

but wouldnt it be a case of providing £55 a week (of turnover) to employee for childcare? tax free?

Like a subsistence claim?

**DGA** · 28 March 2006, 09:44

My LTD company provides childcare vouchers of £50 to a company employee.

**YNWA** · 28 March 2006, 09:46

looked into it a bit more, and the carer has to be offically registered...not just mum and dad....

damn

**malvolio** · 28 March 2006, 10:14

OK, but going back to the original question, if you pay it as an employee benefit you'd have to declare is as a Benefit in Kind, which might be more bother than it's worth if the recipient isn't a taxpayer (or a bog-standard base rate one) 'cos they'd have to start filling inn SA forms. Might be an idea to check with an accountant, just to be sure.

**boredsenseless** · 28 March 2006, 10:23

Originally posted by YNWA

looked into it a bit more, and the carer has to be offically registered...not just mum and dad....

damn

You seriously thought you could get 50 quid just for looking after kids - OMG!!

What do you think Child Benefit is for, Tax Credits etc and the choice to have them in the first place!!! (and BTW I do have kids so its not a bitter childless man complaining about having to support people who have kids)

**SameOldStory** · 28 March 2006, 11:59

Interestingly (and conveniently), the childcare voucher scheme rules say the £50 weekly limit is per employee, not per child or per household.

So if both husband and wife work for the same Ltd co. then the company can provide childcare of £50 each per week, even if it is used for the same child.

**ladymuck** · 28 March 2006, 13:13

I'm sure you could run a scam with your friendly local childminder whereby you give them the voucher, they keep a percentage and then give you back the rest and you palm the kids off with family.

**zmp** · 28 March 2006, 19:33

£50 each parent

I was claiming childcare vouchers through my employer (a county council) for the full amount of nursery fees cost before last April - at that time you just avoided NI and superann on it but it saved over £700 per year that way.

Then in April the law changed and there was a max of £50 a week but each parent could claim £50 and it was tax free. Hubby is the one who's self employed - we have a partnership - and we were told he (self empl people) couldn't get his entitlement. Seemd unfair...

All kids now at school so no need any more but interested to know if anyone knows otherwise - should he have been able to claim his bit? Could we claim retrospectively?

Childcare vouchers