Important news for all employers, on the 13th March 2018, the Secretary of State for Education, Damian Hinds announced a 6 month extension to the closure of the Childcare Voucher scheme.
The government had previously advised that childcare vouchers would be closed to any new joiners after 5th April 2018. However, further to this new announcement you can allow employees to continue to sign up to receive the childcare voucher benefit for another six months.
A definite scheme end date is yet to be announced, but this is good news for parents that may have missed the April deadline.
What this means for employers:
- Any agreed invoice changes for March vouchers will be processed.
- Any schemes that had been closed, have been re-opened.
- Employees can continue to register for Childcare Vouchers for a further 6 months.
Rest assured, we will keep you updated on any further changes to policy or deadline dates.
If you would like to discuss further or get any advice please do get in touch.