Childcare costs for a sole director company

Posted by cde123 PM | on Thu, 17/11/2011 - 11:58 1186 4 comments | report

Is a sole director treated just like having another employee when it comes to paying out for childcare.Can the company pay up to £55 per week and secure a CT deduction whilst not incurring any BIK. Also does the contract have to be between the childcare provider and the director?

Thanks for any help given

Comments

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Yes & No

Euan MacLennan | Thu, 17/11/2011 - 12:23

Or use DIY vouchers

George Attazder | Thu, 17/11/2011 - 12:31

What if a sole trader instead?

cde123 | Thu, 17/11/2011 - 14:31

That's completely different...

George Attazder | Thu, 17/11/2011 - 14:35