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Budget 2004; childcare support
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Does anyone know any more about the proposed plan to enable employers to contribute up to �50 a week towards childcare costs (tax and national insurance free)? Will it be complusory or voluntary and how will it work? What is the benefit to employers?
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For more on marking an answer as the "Best Answer", please visit our FAQ.This was referred to in the Chancellor's pre-budget report in December. It is a voluntary scheme, involving vouchers, and there is a tax advantage for employers. For further info, see the Guardian and Daycare Trust's comments on the following two links http://society.guardian.co.uk/children/story/0,107
4,1105936,00.html http://www.daycaretrust.org.uk/article.php?sid=181
4,1105936,00.html http://www.daycaretrust.org.uk/article.php?sid=181
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