Tax free childcare replaced the old voucher system in October 2018. Now if you have children under 12, you apply direct to HMRC rather than through your employer, to receive for free up to 20 % of your childcare costs up to £2,000. To check your entitlement please visit www.tax-service.gov.uk/childcare-calc.
The latest news from PMC Partnership incorporating Pomfreys Accountants – 16th August 2024
There will be 4 types of National Insurance for 24/25. Remember that you should not be paying NI when you reach pensionable age, with class 4 stopping in the year you reach this age.