Hello
I am a sole trader with young children who go to a nursery who will accept childcare vouchers.
There is a lot of information about salary sacrifice and employees but as a sole trader can I pay £55 a week to the nursery under the childcare voucher scheme and claim the tax and NI benefit?
thanks
Judith Wilson
Replies (1)
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No
Sole traders cannot take advantage of the tax breaks on childcare. It might be worth incorporating to get this relief, but you will need to crunch the numbers.