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Onwards and upwards - Gane Jackson Scott are on the move!
ONWARDS AND UPWARDS - GANE JACKSON SCOTT ARE ON THE MOVE
As part of our commitment to provide our clients with the very best service, we are on the move.
From Tuesday 29th September 2015 we relocated to:Second Floor Kestrel House Falconry Court Bakers Lane Epping Essex CM16 5BD
You can find directions to our new office here.
The world of tax is constantly changing. Catch up with the latest developments in our October 2016 client bulletin here.
Tax-free childcare to launch in 2017
The government’s tax-free childcare scheme is due to launch in early 2017. As part of the scheme, parents will be able to set up an online account with HMRC to pay for childcare with a registered provider. The government will top up the account by 20% up to a total of £10,000. The maximum government payment is £2,000 per child per year (or £4,000 for children with disabilities).
The childcare scheme is available for children up to the age of 12, or 17 for those with disabilities. To be eligible, each parent needs to be in work earning a minimum of £115 a week and have an annual income of less than £100,000. Parents will be able to set up an online account and check for local childcare providers who are registered with the scheme.
There's no monthly minimum or maximum payment and parents can make withdrawals if they wish. They will be able to send payments from their tax-free childcare accounts to the provider’s bank account via BACS.