Childcare Vouchers Scheme Closure – Employment News Update

By October 10, 2018Legal Update
Childcare Voucher Scheme | HR Solutions

From the 4th October 2018, Childcare Vouchers schemes are closed to new entrants.

The impact on employees who are already scheme members is that existing members can continue with this salary sacrifice benefit, but cannot leave the scheme and re-enrol, and cannot enrol on a new scheme with a different company.

Any employees who ask to join your Childcare Voucher scheme will now not be able to do so.

The reason for this change, is that the government is implementing tax-free childcare via HMRC.

For further information about what childcare support is available, please see https://www.gov.uk/help-with-childcare-costs/childcare-vouchers

Interested in what we do?

Get the latest news from HR Solutions delivered to your inbox