Employers contribution childcare, Employers tax liabilites, employersliabilities employers tax reliefs, Income Tax (Exempt Amount for Childcare Vouchers and Employer Contracted Childcare) Order 2013, Tax
This Order amends the Income Tax (Earnings and Pensions) Act 2003, ss 270A(6ZA) and 318A(6A).
These sections provide for limited tax relief where employers provide qualifying childcare vouchers or contract directly with childcare providers.
The amount of tax relief is determined on the basis of an estimate of an employee’s relevant earnings for the tax year. For additional rate taxpayers the maximum weekly amount which can be subject to tax relief is £22.
This Order amends the maximum weekly amount which can be subject to tax relief with effect from 6 April 2013 to £25.