As we enter a new year, it’s vital that as many parents and employers as possible are made aware of the fast-approaching changes to the tax treatment of childcare vouchers, due in April.
To demonstrate our commitment to spreading the word, we have set up a dedicated website, a Facebook group and have produced an informative podcast, available on iTunes. In this broadcast, Iain McMath, our managing director, explain the reason why parents should sign up to childcare vouchers before April 2011.
In effect, higher rate tax payers will lose out if they sign-up after 5th April 2011 as the tax exemptions will be the same base rate for all employees. April is fast approaching and employers should be making their staff aware of these changes, so feel free to forward the podcast to friends, colleagues and family. The clock is ticking!
Click here to listen to the childcare vouchers pod-cast
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