TITLE

Tax relief on childcare vouchers to be scrapped

AUTHOR(S)
Churchard, Claire
PUB. DATE
October 2009
SOURCE
People Management;10/8/2009, Vol. 15 Issue 21, p6
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article reports on the plans to remove tax relief on employer childcare vouchers in Great Britain by April 2015 which was announced by Prime Minister Gordon Brown in his closing speech to the Labour Party conference. With the removal of those vouchers, employees who use them stand to lose an average of 1,000 pounds in benefits. Several voucher providers, including Accor Services UK and Sodexo Pass criticized the announcement. According to critics, the said change may prompt employees to reduce hours or quit their jobs to look after their children.
ACCESSION #
44882172

 

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