(ITEPA 2003, s. 270A, 318A)

(In-Depth: ¶434-800ff.)

A limited exemption is available for childcare vouchers and directly-contracted childcare. Where the cash equivalent of the benefit falls above the limits set out in the table below, liability to income tax arises only in respect of so much as exceeds the exempt amount. The scheme was closed to new entrants from 4 October 2018. Existing participants may continue within the scheme.

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