What if an employees childcare cost are more than the tax free allowance a month?

 

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What if an employees childcare cost are more than the tax free allowance a month?

The employee can claim the maximum amount of their allowance and pay the rest of the fees themselves.
Or they can take the full amount of their fees as a voucher, saving TAX an NI  on the allowance only. Anything over this will be subject to Tax and NI and needs to show on the P11D. 

 

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