Childcare costs for a sole director company

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 |
Euan MacLennan's picture

Or use DIY vouchers

George Attazder |
George Attazder's picture

What if a sole trader instead?

cde123 |

That's completely different...

George Attazder |
George Attazder's picture