- A change in legislation has raised the issue as to whether childcare vouchers are a benefit or remuneration
- Employers could be now be required to provide vouchers during unpaid maternity leave
- Employers should carefully consider their position before taking any steps to withdraw the benefit
Childcare vouchers: Parents and employers need a break
Posted by Pam Loch in Pay & benefits on Thu, 25/06/2009 - 12:18
Since the birth of the childcare voucher scheme in 2005, around 20% of employers have set up arrangements for their employees enabling them to sacrifice part of their salary in exchange for vouchers. Employees with parental responsibilities can claim up £243 each month, free of tax and national insurance contributions under the scheme. Recent changes to legislation however have thrown into doubt the benefits for employers in operating the scheme.
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