The number of employees in the voucher division has doubled since March to just over 100.
Busy Bees director John Woodward, who puts the company's share of the childcare voucher market at around 30 per cent, said, 'We think we could comfortably multiply the business five-fold in the next two years. It doesn't show any signs of diminishing growth.'
The childcare voucher business is booming, largely as a result of the 50 a week tax and national insurance exemptions introduced in April this year, with several new voucher schemes on the scene.
The Childcare Account, sister company of childcare consultancy Childcare Innovations Partnership, is offering a new 'virtual voucher' scheme going online later this month. It is aimed at attracting small and medium-sized companies with fewer than 1,500 employees.
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