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8 October 2018

HR update; childcare voucher scheme

HR update; childcare voucher scheme

As of 4 October 2018, childcare voucher schemes have now closed to new applicants.  Your employees may be able to get tax-free childcare instead. The new tax-free childcare scheme does not involve employers.

Your employees can keep getting vouchers if they've joined a scheme and their wages were adjusted before the scheme closed in October 2018, as long as:
– they stay with your company and you continue to run the scheme
– they do not take an unpaid career break of longer than a year

They cannot continue to claim childcare vouchers if they successfully apply for Tax-Free Childcare.

The employee must inform you the employer within 90 days if they get Tax-Free Childcare. They will then stop receiving new vouchers.

 

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