Iain Mcmath: Give Dads the gift of tax savings this father’s day

-

Managers and employers should offer childcare vouchers to working dads this father’s day. Contrary to popular belief it is not only working mothers, but working fathers who can benefit from the tax benefits that childcare vouchers bring when paying for childcare.

While children will be pondering the best present that they can give to dad this father’s day, employers should be looking at offering working fathers the possibility of tax savings that could amount up to £900 a year through childcare vouchers, a salary sacrifice scheme.

Working parents with children up to the age of 15 can pay for all kinds of childcare including holiday and after school clubs with childcare vouchers. All working parents can ask their workplace to offer the benefit scheme and employers also save money too.

Fathers day is a perfect day to highlight the importance of working parents and the savings they should be able to enjoy. All employees with children can sign up to the scheme to benefit from the tax savings and childcare benefits that the salary sacrifice scheme offers. It doesn’t cost employers to offer this benefit to their staff and employees can profit from the savings and childcare provision that it offers right up until their children are 15 years of age.

Get our essential weekday HR news and updates.

This field is for validation purposes and should be left unchanged.
Keep up with the latest in HR...
This field is hidden when viewing the form
This field is hidden when viewing the form
Optin_date
This field is hidden when viewing the form

 

 

Iain McMath at Managing

Iain McMath, Managing Director, Sodexo Motivation Solutions

Iain joined Sodexo Motivation Solutions in August 2002 bringing eleven years commercial and marketing experience with him.

As Managing Director, Iain is responsible for the overall strategic direction of Sodexo Motivation Solutions, covering Employee Benefits, Incentive & Recognition and Public Benefits. He also oversees UK investment and development, and ensures the delivery of a high quality service.

Since taking up the position, Iain has played an important role in securing major contracts with high profile organisations such as the Home Office, and the launch of the SayCare program. Iain also works with a number of NGO’s in guiding strategy and influencing policy.

Before joining Sodexo Motivation Solutions, Iain worked as a senior executive for a number of companies involved in the aerospace and automotive industries.

In his spare time Iain enjoys theatre, literature, as well as tennis and ski

Latest news

Lucy Standing: Older workers are back in the centre of the hiring debate – ready to lead the response?

For HR leaders, the argument is simple: the people being filtered out of your hiring process are not past their best.

One in 10 women quit work after pregnancy loss, report finds

Research suggests inconsistent workplace support following pregnancy loss and maternity leave is contributing to resignations and poorer mental wellbeing.

Fear of becoming obsolete grips workers as AI reshapes careers

More than two in five workers worry their skills could become outdated as AI reshapes hiring demands and increases pressure to keep learning.

Ford rehires 350 engineers after AI fails to deliver

Carmaker says veteran engineers have helped improve quality, mentor younger staff and retrain AI systems after automated checks fell short.
- Advertisement -

Low harassment reporting may hide workplace misconduct, employers warned

Low workplace harassment reporting rates may reflect a lack of trust in reporting systems rather than an absence of misconduct, new research suggests.

Jennifer Liston-Smith joins Halo Workplace Nurseries board

HRreview columnist Jennifer Liston-Smith has joined Halo Workplace Nurseries as chief purpose officer to help develop its workplace nursery compliance platform.

Must read

Robert Leeming: Spot the problem with this photograph: Where are all the women?

The news from Paris this weekend, for once, was nothing but good. The vast majority of governments in the world reached a deal to work together to slow down climate change. The Paris pact aims to curb global warning to less than 2C (3.6F) by the end of the current century. President Obama labeled the deal as 'the best chance we have to save the one planet we have,' and labeled the deal, which was also signed by some of the world's biggest polluters such as India and China, as a 'turning point' towards a low-carbon future.

Tom Copsey: Tackling the skills gap through social value and inclusive upskilling

The relationship between social value and upskilling has never been more pertinent than in today’s workforce.
- Advertisement -

You might also likeRELATED
Recommended to you