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| 4522. Tax Free Child Care Voucher Payment item. Where to Enter? | ||
| The tax free Child care voucher Payment item is a payment item where in you do not have to pay the tax or NIC if you pay less than or equal to the Qualifying amount for Child care vouchers. The qualifying amount is £55 per week (£243 per month). If you have to pay more than the Qualifying amount then you will have to pay tax or NIC. For more information on tax and National Insurance contributions (NICs) obligations on different types of employer-supported childcare click on the HMRC Link https://www.gov.uk/expenses-and-benefits-childcare. |
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| Road Map – To Setup a Benefits In Kind Via Payroll Item Employer/Setup -> Employer Details -> Chart of Setup -> Payment & Deduction -> Notional / Benefit in Kind Payment Setup link -> Enter the benefit item details with benefit type "C" and "No" for PAYE, NIC and pension purposes -> Save button ( 'Employer/Setup' is the button positioned in the tasking zone menu at the top. It is the first button from the left) |
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