Tax Free Childcare...
... needs to be processed during the March payroll period.
We’ve mentioned in Connect that Childcare Vouchers through the Salary Sacrifice scheme would cease in 2018 as last year, the government began the roll out of a new scheme called Tax-Free Childcare (TFC) which changes the package of financial support it offers to working parents.
Our childcare voucher provider, Edenred have confirmed that the scheme will be closed to new entrants from 6th April 2018 (existing scheme members can remain). You can still join the scheme before this date but you will need to be in receipt of your vouchers on or before the 5th April – this means it needs to be processed during the March payroll period.
Email email@example.com by Friday 16 March to be included in the scheme.
Before signing up you may wish to check whether Tax free childcare is more suitable for you and you can find out more here.