Haidee Langtree, the manager of Victoria Park Day Nursery, part ofXaverian Sixth Form College in Manchester, told Nursery World thatparents who own their own businesses could be missing out on a 'doublebenefit' of childcare vouchers.
She said, 'If a parent is self-employed by their own limited company,then he or she can apply for childcare vouchers to the value of 2,916 a year - but the company also gains by not having to pay NationalInsurance contributions, so you can potentially gain on bothfronts.'
A spokesperson for Her Majesty's Revenue and Customs confirmed thatself-employed parents could be eligible for childcare vouchers and thattheir business could benefit from tax and National Insurance relief,saying, 'If a parent has set up their own company and is then employedin that company, they may be able to obtain childcare vouchers. Throughthe voucher scheme, there is a tax and National Insurance exemption onchildcare costs of up to 55 per week per employee.'
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