Childcare Vouchers
| 2010/11 | 2011/12 | 2011/12 | 2011/12 | ||
| (Basic Rate) | (Higher Rate) | (Additional Rate) | |||
| Weekly Limited | £55.00 | £55.00 | £28.00 | £22.00 | |
| Monthly Equivalent | £243.00 | £243.00 | £124.00 | £97.00 | |
| From 6th April 2011 tax relief for childcare vouchers is restricted for all NEW | |||||
| entrants to a scheme so that all employees, regardless of their marginal | |||||
| rate of tax enjoy the same overall tax saving. Existing members are | |||||
| unaffected by the charge. | |||||
