UPDATE

CHILDCARE VOUCHERS AND THE NEW TAX-FREE CHILDCARE SCHEME

From 5th April 2018, the Government is replacing current salary sacrifice Childcare Voucher schemes with its own Tax-Free Childcare (TCF). Entry to existing salary sacrifice schemes will not be possible from this date, although existing members in the scheme may continue to receive vouchers.

As well as the necessary changes to flex systems running a Childcare Voucher scheme, employers need to think about how they will communicate this change to their employees to ensure they have the chance to consider their options.

For more details, you can download briefing information here as a handy PDF

Nov 15, 2017
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