HMRC will allow tax and NICs advantages to continue until October for employees who were members of childcare voucher and directly contracted childcare schemes before 5 April 2018, where employers closed their schemes on 5 April in accordance with HMRC’s original instructions.
HMRC will allow tax and NICs advantages to continue until October for employees who were members of childcare voucher and directly contracted childcare schemes before 5 April 2018, where employers closed their schemes on 5 April in accordance with HMRC’s original instructions.
The childcare payments scheme (tax-free childcare) was due to replace the existing employer-supported childcare schemes after 5 April 2018. The government announced in March that these schemes would be allowed to remain open to new entrants for an additional six months, until 4 October 2018.
In recognition of the fact that employers that closed their schemes on 5 April may face practical difficulties in re-opening them for the six-month extension, HMRC announced in Employer Bulletin 72 that, in these circumstances, it will use its collection and management powers to allow tax and NICs reliefs to continue until 4 October.
HMRC will allow tax and NICs advantages to continue until October for employees who were members of childcare voucher and directly contracted childcare schemes before 5 April 2018, where employers closed their schemes on 5 April in accordance with HMRC’s original instructions.
HMRC will allow tax and NICs advantages to continue until October for employees who were members of childcare voucher and directly contracted childcare schemes before 5 April 2018, where employers closed their schemes on 5 April in accordance with HMRC’s original instructions.
The childcare payments scheme (tax-free childcare) was due to replace the existing employer-supported childcare schemes after 5 April 2018. The government announced in March that these schemes would be allowed to remain open to new entrants for an additional six months, until 4 October 2018.
In recognition of the fact that employers that closed their schemes on 5 April may face practical difficulties in re-opening them for the six-month extension, HMRC announced in Employer Bulletin 72 that, in these circumstances, it will use its collection and management powers to allow tax and NICs reliefs to continue until 4 October.
