SCHEDULES
SCHEDULE 13Childcare and childcare vouchers
Childcare vouchers
2
1
Chapter 4 of Part 3 of the Income Tax (Earnings and Pensions) Act 2003 (c. 1) (taxable benefits: vouchers and credit-tokens) is amended as follows.
2
In section 84 (meaning of “non-cash voucher”)—
a
in subsection (1), after paragraph (a) insert—
ab
a childcare voucher,
b
after subsection (2) insert—
2A
In this Chapter “childcare voucher” means a voucher, stamp or similar document or token intended to enable a person to obtain the provision of care for a child (whether or not in exchange for it).
3
In section 87 (benefit of non-cash voucher treated as earnings), after subsection (3) insert—
3A
In the case of a childcare voucher, the reference in subsection (3)(b) to the services for which the voucher is capable of being exchanged is to the provision of care for a child which may be obtained by using it.
4
In section 95 (disregard for money, goods or services obtained), after subsection (3) insert—
3A
In the case of a childcare voucher, the reference in subsection (2)(a) to the services obtained in exchange for the voucher is to the provision of care for a child obtained by using it.