The new childcare voucher regulations have been in force since 6 April 2011. The CIPP surveyed members shortly after the regulations came in to understand what impact they were having. Now that members have been working the new regulations for almost 12 months we would like to understand if members' opinions have changed over time. We would be very grateful if you could spare five minutes to complete this survey which will close on 16 March 2012.
CHILDCARE VOUCHER IMPACT SURVEY RESULTS
4 April 2012
Thank you to all those members who completed last month’s survey on the impact of the new Child Care Voucher regulations. We have summarised the results for your information.
65 CIPP members responded to the survey, Of those 100% offer CCV through Salary Sacrifice Almost 68% say the new legislation has impacted business A massive 98% of those impacted say this is because of the requirement to undertake a Basic Earnings Assessment Almost 44% of those impacted say there has been an increase in employee enquiries But, despite all this, only one respondent says they are not going to continue offering CCV
The full results of the survey including all comments can be viewed by clicking on the icon below.
Childcare Voucher Scheme Impact Assessment Survey Results
BUSY BEES CAMPAIGNING TO RAISE CHILDCARE VOUCHER ALLOWANCE FROM £55 TO £75
31 May 2012
Busy Bees has been campaigning to help make childcare more affordable for working parents with their “Mind the Gap – Raise the Cap” campaign, which hopes to raise the cap on the weekly childcare voucher allowance from £55 to £75 for basic rate tax payers. Busy Bees decided to launch the campaign as childcare costs continue to rise and inflation and other financial pressures have continued to make it more difficult for families to balance their budgets. The cap allowance of £55 per was set by the government in 2006, and they believe it’s time the cap was raised to bridge the gap which has opened up between the value of vouchers and the increase in childcare costs. By raising the cap to £75 basic rate tax payers can save an extra £300 more per parent, per year, making the total amount working parents can save through Childcare Vouchers over £1200 per year, depending on individual circumstances. Both parents in a household can join a childcare voucher scheme via their employer, potentially doubling the savings for their family.
Read the full story from Busy Bees
CHANGES TO THE VALUE OF THE TAX EXEMPTION FOR EMPLOYER SUPPORTED CHILDCARE
18 December 2012
CIPP Policy News Journal
12/04/2013, Page 88 of 362
Made with FlippingBook - Online magazine maker