Important Changes to Childcare Vouchers

Do you have children in breakfast/after school or holiday clubs? Do you or your staff use childcare vouchers?

In April the current childcare voucher system will be closed to new entrants forever. With that in mind, if you or one of your employees uses or will use registered childcare, but has never got around to applying for childcare vouchers through their employer, give them a friendly nudge. Here’s what you need to know:

› The childcare voucher scheme will close to new entrants in April 2018

› If they register for childcare vouchers today – even if only for the minimum amount – they then have the freedom to take their time working out whether childcare vouchers or Tax-Free Childcare (TFC) is better for their family for as long as they’ll use registered childcare

› They can switch from childcare vouchers to TFC at any time, even after April 2018, but if they register for TFC they can’t switch to childcare vouchers later on

There are only 2 months left to ensure you are on the scheme which will benefit you the most – contact us to find out more.