TaxCorporate TaxEmployers set for tax breaks

Employers set for tax breaks

Gordon Brown is expected to extend tax relief for employers who offer childcare in his pre-budget speech next Wednesday.

Link Brown to attack EU harmonisation plans

The proposal intends to bolster pre-school education and encourage parents to return to their jobs, according to the Financial Times.

An Inland Revenue consultation on employer-supported childcare, which Brown is prepared to endorse, suggests widening existing tax exemptions for workplace nurseries, simplifying rules for employers and offering a better incentive for companies to back a broader range of provision.

The main change would be to widen and simplify the tax exemption, in order to entice more companies to help staff juggle work and family life.

The government said it has created 1.3m new childcare places, 8,000 out-of-school clubs and a new curriculum for the early years.

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