by Rupert Jones on (#6PAXQ)
HMRC says several commercial schemes are exploiting tax exemption aimed at employers who provide nursery placesWorking parents could be hit with unexpected tax bills because of a clampdown on the misuse of a childcare benefit" offered by some employers that lets people enjoy savings of up to 10,000 a year.HM Revenue and Customs has turned its sights on some workplace nursery benefit schemes which allow employees to pay the fees out of their pre-tax salary, resulting in them making big savings on income tax and national insurance. Continue reading...